Business investment drops 3% in third quarter amid trade war uncertainty

[maddogesq]

Source: CNBC

“ The drop could give some reason to argue that President Trump’s tax bill wasn’t as good for corporate investment as he promised.”

Read more: https://www.cnbc.com/2019/10/30/business-investment-drops-3percent-in-third-quarter-amid-trade-war-uncertainty.html

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Well golly sarge, just another example of why supply-side economics does not work, has never worked, and never will work.

Hey Donny, where’s the 4% GDP you promised?

Hey Donny...oh never mind...

[Mike 03]

1. Investors hate uncertainty.

Now it's madness, with (especially) day traders buying, selling and shorting on the basis of presidential Tweets. And yields are low so bonds are not a solution for risk-averse and conservative investors.

[IronLionZion]

2. Investors are getting tired of winning

Since most have cashed out their winnings