"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."
React to this quote
More by Mark Skousen
See allResonant Thoughts
"I was informed this afternoon by the distinguished Secretary of the Treasury that his preliminary estimates indicate that our balance of payments deficit has been reduced from $2.8 billion in 1964 to …"
"The individual representation of the object, treated sympathetically or anti-pathetically, is highly necessary and is an enrichment to the world in form. The elimination of the human relationship caus…"
Explore Further
Related Quotes
"Neoconservatives are still in the business of creating their own parallel reality and forcing ordinary Amer…"
— Ilana Mercer"The advantages of models are, on one hand, that they force us to present a "complete" theory by which I mea…"
— Jan Tinbergen"Human nature: vindictiveness lightly coated with dishonesty."
— Celia Green"At first it was a lie, then a strong delusion, and at last downright madness."
— Arthur Wellesley"Chuck Todd: I understand that. I've given you a lot of leeway here. I've not been wanting to interrupt you.…"
— Mike Pence"We are told ... statements that are not mathematical or logical formulae may look as if they were necessari…"
— Robert Maynard Hutchins
Related Thinkers
Related Topics
Deep Dives
- David Cay Johnston on truth
- Norman Angell on truth
- David Cay Johnston on politics
- David Cay Johnston on time
- David Cay Johnston on justice
- David Cay Johnston on life
- David Cay Johnston on knowledge
- David Cay Johnston on art
- David Cay Johnston on philosophy
- David Cay Johnston on money
- knowledge & Beauty
- knowledge & Change