The increase in R&D expenditure as share of GDP in China since 2002 is driven almost entirely by surge in corporate spending. @Gavekal via @SoberLook https://t.co/pKPTbJo2bf
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from