The world’s consumers are sitting on piles of cash. Will they spend it?Households around the world saved an excess $3 trillion in savings, bringing the total to $6 trillion globally.#consumer behavior#household savings#economy#macroeconomics#inflationThe world’s consumers are sitting on piles of cash. Will they spend it?
Supply chain slowdown hits at key pillars of economy and will likely get worse: Dan YerginPressures on global supply chains are increasing and disruptions are likely to only get worse as summer approaches and the economy booms.#supply chain#inflation#semiconductors#plastics#IHS Markit#container ships#shipping#chemicals#automotive#household savings#stimulus#covid19#China#consumer electronics#Los Angeles#Long Beach#Federal Maritime Commissioner#computer chips#Belt and Road Initiative#Suez CanalSupply chain slowdown hits at key pillars of economy and will likely get worse: Dan Yergin