G'day Australia, Wal-smart, and Producer Inflation

Australia's strengths as a country include a stable political system, a skilled workforce, and abundant natural resources. The country has produced several successful companies, including BHP, which is one of the world's largest mining companies, Atlassian, a leading software company that has experienced rapid growth, and Canva, a graphic design platform that has achieved global success and unicorn status. These companies have leveraged Australia's strengths to become major players in their respective industries. Australia and its companies from its homeland keep trending up.

Walmart is the largest retailer in the world, with over 11,000 stores across the globe and annual revenue of over $500 billion. Its business comprises three main segments: Walmart U.S., Walmart International, and Sam's Club, with the majority of its revenue coming from Walmart U.S. The company offers a wide range of products, including groceries, electronics, apparel, home goods, and more, and has also expanded into e-commerce through its acquisition of Jet.com and partnerships with other online marketplaces. We anticipate Walmart to keep trending up.

Producer price inflation (PPI) measures the change in prices of goods and services sold by producers. PPI comprises three categories: final demand goods, final demand services, and intermediate demand goods and services. Final demand goods and services are those sold directly to consumers, while intermediate demand goods and services are sold to other businesses for further processing or use in producing other goods and services. The components of PPI can provide insights into inflationary pressures at different stages of the supply chain. We forecast prices to keep trending downward and translate to consumer prices.

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