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Best of BS Opinion: US mkt exceptionalism, fall in urban male jobs & more

Here are the best of Business Standard's opinion pieces for Tuesday

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Illustration: Binay Sinha
Uddalok Bhattacharya New Delhi
1 min read Last Updated : Jul 13 2021 | 6:30 AM IST
Asset prices and interest rates do not hold up the same picture across geographies. Uddalok Bhattacharya sums up

Akash Prakash: Given that both interest rates and taxes have bottomed out and corporate concentration has also likely peaked, given the noises coming out of the Biden administration, combined with the beginnings of wage pressures, it is fair to assume that margins can only decline in the US.

The journey of the interest rates and asset prices towards normalcy can be very long, arduous, messy, confusing and rough, says Gurbachan Singh. In this confusion, the price signals from the asset markets can adversely affect real investment and growth of GDP

Mahesh Vyas talks of a disproportionate fall in urban male jobs, which are the better-quality jobs and their disproportionate loss could imply a greater fall in income than witnessed so far.

QUOTE

There is absolutely no place for racism in football or anywhere else.

London Mayor Sadiq Khan


Topics :BS OpinionCurated ContentUS marketjobsEmploymentGDPInterest RatesSadiq Khan

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