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Nov 27 2017

A Capital Goods Crescendo?

  • Nov 27, 2017

Business investment has not played a central role in the contemporary economic recovery or bull market. Persistently sluggish growth, high unemployment, disinflation, and fears of another imminent recession have kept economic behaviors far too conservative for a capital goods cycle. However, recent conditions have become much more conducive for investment, increasing the possibility this recovery could end with a capital goods crescendo.

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About The Author

James Paulsen / Chief Investment Strategist