Morgan Stanley, and most banks, expect US savings to revert
to pre-covid trendline. And with "excess savings" set to be
exhausted in months, this means US consumers are about to
unleash a savings spree which of course means far less
spending |
00:01 -
24/02/23 |
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Yields on 12-month T-bills have risen to their highest since
2001. Most of this has to do with Fed rate hike
expectations, but "the uncertainty surrounding the debt
ceiling doesn’t help either.:" Jefferies' economists |
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Are companies evading western sanctions on Russia by using
its central Asian neighbours as a back door? |
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FT:
Since the invasion began, Russia has likely lost up to 2,300
tanks in Ukraine, including about half of its most modern
battle tanks. |
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More people die than are born in South Korea now |
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