Quote To Start The Day: “Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a mile away from them and you have their shoes.”
Source: Jack Handey
One Big Thing In Fintech: Technology was supposed to broaden access to financial services and help eliminate economic inequalities. But so far the explosion of banking and investment apps has failed to narrow one persistent divide: the gender gap in financial inclusion.
Source: Bloomberg
Watch Out For This: U.S. businesses are the most bullish and optimistic when it comes to B2B spending among the six countries covered in [a] survey, with 76% of U.S. businesses expressing optimism about their prospects over the next 12 months.
Source: Amex
Interesting Reads:
Market Moving Headline: The powerful policy revolution implies a lower future path of interest rates than markets are pricing in, even amid rising inflation over the medium term, as captured in our new nominal investment theme. Lower rates – even compared to our previous expectations – lift our expected returns across asset classes over the strategic horizon, and reinforce our preference for equities over bonds.
Source: BlackRock
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