U.S. Firms Pull Back on Investment

[applegrove]

U.S. Firms Pull Back on Investment

November 24, 2019 at 12:14 pm EST By Taegan Goddard67 Comments

https://politicalwire.com/2019/11/24/u-s-firms-pull-back-on-investment/

"SNIP.....

Wall Street Journal: “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.

.....SNIP"

[Wellstone ruled]

1. This started the day Trump was elected.

Wall Street knew they now were getting one hell of a Tax Break with full intentions of not investing in R&D or Job expansion. It was all about doing Stock Buy Backs and funding mega Bonus programs and Political Contributions to the GOP. Nothing more,nothing less.

[applegrove]

2. Plus there is too much money in plutocrats hands around the world

and not enough places to invest. Stock market overpriced. Bond yields low. Real estate in bubbles in places. Hedge funds doing less well as their hasn't been a recession lately for them to get easy pickings of small to medium sized business. Less developed nations with bigger growth are risky due to instability and corruption. All the while workers get no salary or wage increase despite low unemployment numbers.

[Wellstone ruled]

8. We now have a Have-not and Have's

World economy. Scary thought. Are we headed towards a Economic Crash world wide,sure developing in that direction. Technology is overtaking human Capital around the Globe. Major population displacements in the North and West of Africa as well as the middle East as a result of Climate Change which triggered military unrest.

The major issue is the choosing up sides as a result of these displacements.

[applegrove]

10. Right. Get some of thst not invested money from plutocrats and start the green new deal.

[ck4829]

3. "Despite the strong economy" I'm sure

[smirkymonkey]

4. Gee, wonder where those tax cuts went?

Probably into someone's pockets.

[JustABozoOnThisBus]

7. Corporations buying back their own stock.

Good for stock owners. Another cute use of the money is to buy other companies.

Very little for new jobs or wage increases for the average workers.

[smirkymonkey]

9. Exactly!

That is what my company did. Our price per share went up, but no new hiring or raises.

[klook]

5. It's all about the blue line

Blue Line Jumps 11 Percent
NEW YORK–Excitement swept the financial world Monday, when a blue line jumped more than 11 percent, passing four black horizontal lines as it rose from 367.22 to 408.85.

It was the biggest single-day gain for a blue line since 1994.

"Even if you extend the blue line's big white box back many vertical lines, you won't find a comparably large jump," said Milton Vogel, a senior analyst with Merrill Lynch. "That line just kept going up, up, up."

More at link: https://www.theonion.com/blue-line-jumps-11-percent-1819565647

- The Onion, 19 years ago, still apropos

[Yo_Mama_Been_Loggin]

6. Winning baby!!!

So much winning