Durable Goods and Services Spending
Most of the recent price inflation has come from massive above-trend spending on durable goods. As we see a shift back to services, central banks will pay increasingly more attention to services wages etc.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lionnell : Exactly over the 50% fib level from the Covid low right now
Rann New OP Lionnell : good
TechTrek Invest : No pay rise for me :( havn't had a real pay rise for many years now.