Rob
@rsarrow
gooooood morning tarrif enjoyoooors. Risk assets continue to slip but this visual shows the real engine is global user adoption and data. Companies with massive cross border user bases can still reroute revenue across an assortment of subsidiaries distoring the metrics your cnbc shows you. Think music streaming, game downloads, ecommerce and ads. Difficult to capture that flow when companies operate worldwide and juggle revenue among different jurisdictions study the network effects
0 reply
0 recast
0 reaction
