A Spirited disaster
The perils of transport infrastructure
A bit of boring but valuable, straight reporting today as a rather eventful 2024 draws to a close, thankfully.
As the US markets collapse following rather hawkish guidance from the Federal Reserve (more on this in our separate ’Wednesday Bloody Wednesday’ coverage) on rates, in a note* out to investor today, Bernstein analysts warned:
“Don’t expect calm in 2025.”
(*Headed: ’Tying off a rollercoaster year… Strap in for the next one’.)
Double-whammy?
And while highlighting their top picks for next year, which are the usual ...
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