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Thread: More signs of slowing

  1. #1
    Join Date
    10-22-01
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    More signs of slowing

    This morning's WSJ:
    U.S. Firms Pull Back on Investment
    Capital spending by S&P 500 companies grew less than 1% in the third quarter, and would have fallen without Apple and Amazon


    By Theo Francis and
    Thomas Gryta
    Nov. 24, 2019 5:30 am ET

    Many of the biggest U.S. companies are moderating their spending on equipment and other capital investment, as an uncertain business environment prompts some to postpone or shelve otherwise promising projects. That could pose a continuing drag on economic growth.

    The pullback began as trade tensions escalated last fall, leaving companies unsure about their supply chains, pricing and profits. It has continued amid signs of slowing global growth and increasing consumer concerns about the future. Household names like Harley-Davidson Inc., AT&T Inc. and Target Corp. are joining small businesses in putting the brakes on investment.

    Some companies have warned it could continue into next year, when the presidential and congressional election is expected to add even more uncertainty to business decision-making.
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    "A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
    "Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
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  2. #2
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    Beat the herd put all your money in the Franklin Mint.......................LOL
    OPINION....a view or judgment formed about something, not necessarily based on fact or knowledge.

  3. #3
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    I've taken all my money out of the IRA, gov got part of it and new car got the rest, feels good to be poor and don't give a rats patoot.
    Old redneck hillbilly borned and raised on a redwood stump.

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