Easter weekend special – Macro AND Links: UK corporate op margins increase, money supply collapses, inflation back to 2%, how weight loss drugs could boost UK life expectancy and the REITs debate

As its easter, I thought I would roll a links collection and the coming Macro numbers into one special edition. I’ll be back on next Wednesday with an investment idea. Happy Easter!

Macro 1: UK Topco’s are also minting it

One doesn’t have to be a raging Marxist to think that sometimes capitalists can overreach. One of the fashionable ideas prevalent on the Left is that big corporates have accrued more power – and profits - relative to labor, and they are, of course, right. This has become especially acute during the last year or so …