- We’re experiencing a solid economy with low unemployment, but easy money and now fiscal stimulus are hiding underlying problems from sight.
- The biggest problem is perhaps disappointing business investment, which is the key ingredient for making the economy future-proof.
- It is curious, given businesses have enjoyed record margins, profitability, cash hoards, record low interest rates, and now tax cuts and deregulation.
- We look at possible explanations.
Source: Corporations Don’t Invest Enough | Seeking Alpha
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