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Inflation Poses High Risk for Investment-Grade Bonds, Morgan Stanley Says
With inflation fears rising and interest rates increasingly likely to be hiked soon, investment-grade corporate bonds are at high risk of getting hit.
A New Hurdle for Biden’s Build Back Better Legislation
The Congressional Budget Office will soon publish its analysis of the financial impact of the Build Back Better legislation.
Market Is Wrong to Price in Mid-2022 Fed Hike, TD’s Misra Says
“Our view is that there are huge Covid impacts on inflation that are going to start to decelerate. Growth is going to slow, inflation will peak.”
The Labor Crunch is Helping to Feed the Rise of the Robots
A Reuters report showed North American companies added record number of robots this year to bolster assembly lines, in bid to alleviate labor crunch.