They're not on the sidelines yet. The inflation pressures are immense at this stage of the business cycle.
They're not on the sidelines yet. The inflation pressures are immense at this stage of the business cycle.
Business capital spending is coming on strong and the timing of these equipment purchases could not be better. Business spending will take up the slack as the housing slowdown cools consumers' appetites.
We're back to expecting a rate cut on December 11. Meyer changed people's thinking by essentially saying there's no limit as to how low (the federal funds rate) could go and today we're getting an added boost from the (weak) stock trade.
© 2020 Inspirational Stories
© 2020 Inspirational Stories