The CFO council is comprised of Chief Financial Officers of the world’s largest 113 companies that combined are worth nearly $5 trillion. Interestingly the council is comprised almost exclusively of multinational corporations . . .
in the third quarter survey the CFO’s note that only one economy in the world is currently improving, the United States.
If we cannot get something done with trade deals now, and especially with the theft of intellectual property and defense secrets, when will we ever?
Orders for durable goods reflect the underlying businesses are predicting future growth, long-term growth. Trucks and heavy transportation equipment orders continue growing by double-digits (currently 13%). That is a massive investment internal to the underlying U.S. economic expansion.
Never underestimate world money flows. When it comes to investments, investor confidence is the key. This is true in all the markets we trade. The cycles are driven by this.
Thanks for sharing cfdr!