EPISODE · Sep 19, 2021
Curious side effect to pandemic?
from Podzept - Deutsche Bank Research
Many corporates have penciled in a strong rebound in earnings this year backed by forecasts of robust pent-up demand. Yet, so far there is little evidence of the spending surge that so many expect. Corporates are not wrong to anticipate hefty spending; all the right ingredients are there. Savings jumped due to government stimulus and a lack of spending options. So what’s happening then?
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Curious side effect to pandemic?
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