Equity Research
William Blair research analyst Sharon Zackfia discussed the outlook for coffee chain Black Rock with fast casual restaurant industry trade publication QSR Magazine.
Zackfia shared how the company’s people strategy is a core component of its success. Low turnover, merit-based bonuses, and manageable hours are just a few of the reasons that labor costs remain low compared to others in the sector.
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In this Economics Weekly, Richard de Chazal looks at aggregate investment spending and the expansion in industrial capacity; he also compares the current cycle with the 1990s and discusses what those differences might mean for the Fed—and for a potential new Fed chair counting on a productivity boom to support lower interest rates.
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