The interconnected reasons your favorite products might be facing a shortage. BYU economics professor Christian vom Lehn says shifts in product consumption and how products are made and sourced have exposed weaknesses in the global supply chain.
Photo by Madeline Mortensen/BYU Photo BYU economics professor Christian vom Lehn says shifts in product consumption and how products are made and sourced have exposed weaknesses in the global supply chain.
Photo by Madeline Mortensen/BYU Photo
It’s natural to blame panic-buying for the empty shelves you’ve seen at your local store during the past year of the pandemic. And while it’s true that panic-buying and hoarding is part of the problem, the reasons for such shortages are influenced by an economy that’s incredibly interconnected, says BYU economics professor Christian vom Lehn. Shifts in product consumption and how products are made and sourced have exposed weaknesses in the global supply chain.
TA: Why Ethereum is Primed To Revisit $2,000 and New ATH
Reading Time: 2min read
Ethereum extended its increase above the $1,750 and $1,800 resistance levels against the US Dollar. ETH price is showing positive signs and it is likely to revisit the $2,000 resistance zone.
Ethereum is gaining bullish momentum above the $1,700 and $1,800 resistance levels.
The price is now trading well above $1,800 and the 100 hourly simple moving average.
There is a crucial bullish trend line forming with support near $1,750 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could correct lower, but there are high chances of a move towards the $2,000 zone.
Silver Price Surges as Reddit Group WallStreetBets Fuels Buying Spree
2021-02-01 00:13:00
Daniel Moss,
Analyst
Silver, XAG/USD, Reddit, r/WallStreetBets, Physical Demand – Talking Points:
Silver surged over 7% on the back of a Reddit-inspired buying spree.
Overwhelming physical demand, in tandem with falling real rates and rising inflation expectations, may continue to bolster prices in the near term.
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WallStreetBets Fuels Buying Spree
The price of silver surged over 7% to kick off a fresh week of trade, on the back of a Reddit-inspired buying spree. Comments on silver began appearing on the Reddit forum r/wallstreetbets early last week, calling for a silver short-squeeze of epic proportions.
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