New Normal for Rates, Inflation, and Productivity

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Lori Calvasina, RBC Capital Head of US Equity Strategy and Scott Chronert, Citi US Equity Strategist say that the paradigms on rates, inflation and productivity are changing from the going standard after the Great Financial Crisis and the pandemic.
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How is cloud computing a driver of productivity? Sure, a bit, it maks thigs way simpler, but isn't it mainly about cost cutting?

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