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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.

 

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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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