The market for US government securities sold off hard on Wednesday as it learned that the October inflation rate hit 6.2%, according to a report from the US Bureau of Labor Statistics released Wednesday.
One of the most polarizing topics today is wealth inequality. I think a better description is to refer to it as wealth concentration.
Nuclear power meets approximately 20% of U.S. electricity demand. However, what is more notable, is that nuclear power generates more than 50% of the carbon-free electricity in the U.S.
If the giants can’t grow through acquisitions, they’ll need organic growth, and as Goldman emphasized, “finding productive uses of cash at scale may prove challenging.” The bank’s David Kostin noted that in the aftermath of the dot-com bubble, the five largest S&P companies posted sales growth that was just half of that expected by the market on the eve of the bust.