Uncertainty is holding back investment, says Nathan Sheets

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Here's how the trade war is impacting capital expenditure spending and what the economic data is saying about the market, according to PGIM Fixed Income chief economist Nathan Sheets.

 

pgim 'The price volatility may be viewed as an endogenous source of acceleration of financial growth. If an investor employs a constant proportions strategy, then the value of portfolio grows almost surely at a rate strictly greater than the rate at which the assets grow' MAH Dempster

Sounds like Jack Welch, doesn’t he?

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