Tag: reopening
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The UK economy grew just 0.8% in May as manufacturing troubles caused the rebound to lose steam
UK car production plunged in May, official data showed. Owen Humphreys – PA Images/Getty Images The UK economy grew 0.8% in May compared with April, much slower than economists had expected. Car production was hit hard by a global microchip shortage, official figures showed on Friday. Economies are contending with bottlenecks as demand surges with…
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‘Big Short’ investor Michael Burry predicted the inflation spike a year ago – and sounded the alarm multiple times in February
"The Big Short" investor Michael Burry. Jim Spellman / Getty Images Michael Burry called post-reopening inflation in April 2020. "The Big Short" investor cautioned prices could spike earlier this year too.Burry trumpeted the value of profitable companies during extended periods. See more information on Insider's business page. Michael Burry cautioned the post-pandemic reopening could cause…