A big beautiful capex boom is underway... and it's just getting started.
Very interesting piece, but chart needs to be a log scale. Every long-term steady trend looks like a boom otherwise.
Thanks I will post in Notes shortly, but the surge is still seen in log scale, also the line is well above its linear and exponential trendlines.
Callum - excellent work as always. Please keep us updated on composite performance of capex actual to forecast in each of these areas. It’s a huge unmet focus of pro-rating geopolitical weighting
Thanks, will do!
Very interesting piece, but chart needs to be a log scale. Every long-term steady trend looks like a boom otherwise.
Thanks I will post in Notes shortly, but the surge is still seen in log scale, also the line is well above its linear and exponential trendlines.
Callum - excellent work as always. Please keep us updated on composite performance of capex actual to forecast in each of these areas. It’s a huge unmet focus of pro-rating geopolitical weighting
Thanks, will do!