Corporations are struggling to interpret signs of a warming in the U.S. economy
The speed of the rebound of the Covid-19 crisis in the US has been interpreted by executives, investors and economists as interpreting labor shortages and rising prices to indicate a short-term economic summer heat or longer risky inflation.
Some of the largest companies in the country have praised the strength of the recovery in recent earnings announcements, refusing to announce whether the rapid spread of vaccines and massive fiscal stimulus will cause problems for the American corporation.
“The second half will have more uncertainty than a normal year,” Walmart CEO Doug McMillon warned this week, although he and his contemporaries noted the strength of consumer spending and the forecast for higher savings rates. demand up.
US companies scramble to interpret signs of overheating economy
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