Too many firms are saying their portfolios of companies and loans are doing well despite an economy in transition. Find out more.
The commentaries underplay the time lag. Monetary policy takes time to filter through the economy. Until now, most households and corporations were able to make relatively easy adjustments to their budgets, as well as benefit from previous financings done at low rates. Tougher decisions will need to be made asThis advertisement has not loaded yet, but your article continues below.The next six months will determine how successful the central banks have been in their mission.
Not too long ago, they were falling all over themselves to outgreen each other, but now that they have more cash flow than anyone to move the climate dial, they’re downplaying their commitments to alternatives while raising dividends and buying back shares. To be more specific, Uber earned US$665 million before interest, taxes, depreciation, amortization, stock-based compensation , the cost of protective equipment for drivers and a slew of other items.
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