July 12, 2019 - 4:15 PM EDT
The Consequences Of An Investment Slowdown Are Far Worse Today Than They Ever Were








The Consequences Of An Investment Slowdown Are Far Worse Today Than They Ever Were

Editor's note: Seeking Alpha is proud to welcome Bernard Keightley as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more »

A downward revision in earnings, in traditional circumstances, signals slowing investment. This time around, corporate debt levels and malinvestment are such that a pullback in private sector-led investment could trigger the protracted downturn skeptics have been calling for.

We have seen some of this before. In 2001, investment levels

Read more ...


Source: SeekingAlpha (July 12, 2019 - 4:15 PM EDT)