The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains. — Mark Skousen
Tags: #Reality, #Economy, #Sales, #MarkSkousen, #American, #Economist
Mark Skousen : American Economist
Born: 1947
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Historically, defense spending cuts have preceded increased …
I remember coming back to the U.K. after spending five month…
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