Koesterich, Sutherland on Outlook for the Industrial Sector

The transcript discusses the global slowdown in manufacturing, particularly in the US, Europe, and China, and its impact on the industrial sector. It highlights opportunities in long-cycle projects like LNG and examines how companies like Cummins are handling tariff pressures and maintaining margins. The importance of pricing power and the challenges of rising supply, transport, and wage costs are emphasized, along with the potential market reactions to trade deals.

What role does pricing power play in the overall quality of industrial companies?

In what ways can companies maintain their margins in a slower economy?