Productivity gains continue to underpin the extraordinary performance of the US economy, helping to ...
Productivity gains continue to underpin the extraordinary performance of the US economy, helping to offset the inflationary effects of the rise in the oil price. Interest rates appear to be on hold until the end of the year. and for the time being, the stable interest rate/low inflation/steady growth backdrop continues to augur well for equities. A new investment theme has emerged over the past year, namely that of power shortages resulting from increased internet-related electricity consumption. We have seen brown outs and even black outs in some areas of the US as the explosion in PC...
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