An interesting debate is popping up regarding the topic of capital expenditure.
Take the latest from Societe Generale’s Andrew Lapthorne and team. They argued on Thursday that the commonly held belief that companies’ capital investing ratios have been falling, whilst hoarded cash pools have been going up, is inaccurate. Read more

1'Collectively, humanity has yawned and decided to let the dangers mount'
2Man walks into a gold bar. Au!
3The end of QE?
4Rise of the funding altruists
5The persistent supply-side constraints in US housing
Show more6Bird, plane, Abe
7Bove vs Bloomberg, redux
8Risk goes on, Risk goes off
9A glorious episode in the history of the Revenue
10Stress you next year
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