Huge and Expensive, the Magnificent Seven Face Inflation Risks

It’s Merryn here today, looking at some mind-boggling numbers on the world’s biggest tech stocks and whether this time it’s (maybe, just maybe) different.

Earlier this week, Deutsche Bank macro strategist Jim Reid wrote in a note that he had one of the “proudest moments” of his career. After almost 30 years as a Bloomberg Terminal user, he wrote: “I found out that I breached their monthly download limit for the first time and was locked out.” He’s now back on (phew).