“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.”
Quote by Mark Skousen
Author
Mark Skousen
Mark Skousen is an American economist born in 1947. He is known for his extensive research and teaching in the field of economics, particularly in macroeconomics and investment theory. Professor Skousen has held teaching positions at several renowned universities and has authored numerous economics textbooks. more
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