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"Either you have scale as a platform or you can present as a differentiated entity," Turner explained.
"Fed gears up for rate cut in July. The mood within the Fed has clearly shifted. But, they prefer to keep their powder dry for the moment. Risks are now to the downside," Diane Swonk, chief economist at Grant Thornton LLP, tweeted Wednesday.

"Developed countries like UK always prioritize recycling and its people follow suit, but they do not realize these wastes are dumped in our country," she said.
"Even if the price gap between China's northern and southern gas markets was wide enough to make the transport of regasified LNG from the southern terminals to the north economical, pipeline infrastructure connecting both ends is not sufficient to accommodate the current seasonal demand surge," Abreu said.
"Cutting off the direct financing relationship between the fiscal department and the central bank, and preventing the monetization of fiscal deficit, are the basic principles for the bank credit and monetary system. Once this principle is abandoned, the system will collapse," said Sun.
来源:资阳报