Bad news - business is not investing


Order for capital investment declined -3.2% y/y.
Business is not expanding or improving capacity. This means
business activity is perceived to be unfavorable to
These data support our view the economy is weak at best,
already in a recession at worst.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
Author, Profiting in Bull and Bear Markets
No. 1 bond timer in the past 12 months. 

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