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PPTB - Bilal Hafeez On Inflation Innovation And Economic Recovery After COVID-19
PortfolioPlus Total Bond Markets
The K shape makes a lot of sense, where the upper end kind of is bouncing, the upper part of the K and then the other side are declining.
One of the effects of COVID is it's essentially accelerated the adoption of multiple technologies at a mass level that we would never have seen so quickly.
I think one of the issues with the U.S. probably more so than Europe is that the U.S. is a very capital market-centered financial system.