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A former NFL player launches a series of side-hustles, including a fashion line that offers affordable, stylish suits. Then meet the man who started an academy aimed at developing the next generation of professional football players. Finally, the founder of a community boxing program looks to empower local youth while engaging donors through "white-collar boxing."
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An under-appreciated source of inflation?
Plastic is in almost everything and prices of polypropylene, polyethylene and a host of other polymers went nuts in 2021, surging to record highs. Now they've come crashing back down to Earth and have reached a two-year low. So what happened to send the price of plastics surging, and why are they falling now? Were plastics a perhaps under-appreciated source of inflation given that they go into practically everything? And where does plastic come from anyway? On this episode of the Odd Lots podcast, we speak to Bank of America Commodities Strategist Warren Russell about the wild ride for plastics over the past couple of years, and what it means for the future of the petrochemicals industry. This transcript has been lightly edited for clarity.
Omny Studio: Why the Price of Plastic Is Crashing ...