Borrowing was easy, and the buy now, pay later philosophy became an entrenched part of running households and governments.
The focus for investors was on innovation and technology. “Asset light” businesses, as they are referred to, traded at multiples not seen since the tech boom in the late 1990s, while the basic materials needed to implement these technologies were starved for capital.Article content Unfortunately, rising debt levels, negative real interest rates, a deteriorating planet and political ambivalence couldn’t go on forever. These long-running trends were far from normal. And yet, calling the turn was impossible . A change agent was needed, and boy did we get one. Two in fact — a pandemic hangover and a European war. Both proved highly disruptive to a tightly wound, highly geared economy.The economic tailwinds have turned to headwinds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The great normalization has crushed investor sentiment — and that may be a sign the worst is overEarnings will come down and debt will be a problem, but the system is in a better place than it was in previous slowdowns. Read more
Source: nationalpost - 🏆 10. / 80 Read more »
The great normalization has crushed investor sentiment — and that may be a sign the worst is overEarnings will come down and debt will be a problem, but the system is in a better place than it was in previous slowdowns. Read more
Source: financialpost - 🏆 7. / 85 Read more »
The great normalization has crushed investor sentiment — and that may be a sign the worst is overEarnings will come down and debt will be a problem, but the system is in a better place than it was in previous slowdowns. Read more
Source: fpinvesting - 🏆 43. / 63 Read more »
Gold prices may see a short-term bounce next week, but sentiment remains depressedBulls or Bears? Wall Street vs. Main Street puts together leading analysts and regular metals investors to find out where they think gold is headed next week. Picked up and quoted by other leading news organizations, this feature has become a cornerstone for the industry and an indicative benchmark. PUNPING SON KIDDAH PANJOD
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »