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November 7, 2022
Business investment, called capex (capital expenditures), is a very important component of corporate profits.
Weaker CEO confidence = less business investment = weaker corporate profits.
Source: Gavekal
[Click image to enlarge]
November 7, 2022
Business investment, called capex (capital expenditures), is a very important component of corporate profits.
Weaker CEO confidence = less business investment = weaker corporate profits.
Source: Gavekal