Today’s focus ……RBA lesson for the ECB and BoJ? Nomura breaks cover on a US recession…more to follow? Solana antagonising the crypto natives.
It seems to me that the central banks have been expecting supply chains to ease for 2 years now. I keep wondering why they think that is the case. There doesn't seem to have been much in the way of new Capex that is yet completed and monetary policies are still hyper stimulative, so why the change?