Baron Capital, one of Vail Resorts' largest shareholders, is supporting the company and its nominees, as the ski resort company tries to fend off a proxy fight against activist investor Oasis Management.
BARKIN SAYS BUSINESS OWNERS SAY DEMAND REMAINS SOLID, WITH ONLY WEAKNESS AMONG NON-PROFITS AND IN THE HOUSING SECTOR; BUSINESSES SAY THAT COST PRESSURES ARE BROAD BASED; BUSINESSES ARE LAYING PLANS TO PASS THOSE COSTS ON TO THEIR CUSTOMERS
BARKIN SAYS THE AI INVESTMENT SURGE HAS PRESSURED SUPPLY CHAINS, AND THAT IS INFLATIONARY; AI INVESTMENT IS LEADING TO DEMAND SIDE INFLATION, WHICH IS THE KIND OF THING THE FED CAN LEAN AGAINST
BARKIN SAYS IN THE CONTEXT OF YEARS OF ELEVATED INFLATION IT IS EASIER FOR BUSINESSES TO ARGUE THEY NEED TO RAISE PRICES; RESILIENCE OF CONSUMER SPENDING HAS BEEN A SURPRISE GIVEN RELATIVELY FLAT INCOMES