Posted inChart of the Day

US quits CapEx as inflation squeezes margins

The sugar high misrepresented as an economic recovery doesn’t entail any capital investment in industry, according to Bloomberg’s bottom-up survey of securities analysts. CapEx for the Industrials subsector of the S&P 500 Index will be about 30% below the 2019 level, the analysts’ project, and will still be 20% below the 2019 high water mark […]

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