Can Slowing Business Investment Hold Back U.S. Equities?
December 10, 2019 at 08:00 AM EST
U.S. Gross domestic product (GDP) grew at a 2.1% annual pace in the third quarter, which came out higher than the anticipated 1.9%, but business investment languished with nonresidential fixed investment falling by 2.7%. Will those hold back U.S. equities?