"The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains."

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Source : The Freeman: Ideas on Liberty, Vol. 60, Nr. 3-10, (p. 7), 2010.

Mark Skousen

#Reality Quotes #Retail Quotes #Looks Quotes

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