I know we are mid to late in the business cycle. However, I'm seeing headlines like this, saying companies are reluctant to spend. http://www.cnbc.com/id/101423794 Is there an economic precedent to this? I only see this type of news during the bottom of recessions, right before an upturn.
bottom of recession? markets are all time high.this,current upturn will be based on what? business are reluctant to spend because they are like me-they don't buy this 'recovery' out of fed's a**
I would not equate fund managers with economy large cash portions are actually good for markets as there is large uninvested pool that will chase markets even higher.