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Global bonds look to Fed's Powell after inflation surprises test market's nerves

00:01 - 15/07/21

 

 

 

Large firms still have huge piles of cash on their balance sheets (to tune of nearly $2.4 trillion, which is 5.5% of assets) … use for capex has so far been relatively low; from 2013-2019, capex as share of sales averaged 6.2% and is just 5.1%

 

 

 

So true: the NY Fed's own 3 Year inflation expectations are a positively deflationary 3.6%

 

 

 

The digital divide risks some of society’s most vulnerable being passed over in the vaccine race

 

 

 

This used cars chart is wild

 

 

 

 

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