(FT) Robin Harding–A mysterious divergence: U.S. Company profits are high but investment is not

According to GMO, the asset manager, profits and overall net investment in the US tracked each other closely until the late 1980s, with both about 9 per cent of gross domestic product. Then the relationship began to break down. After … Continue reading (FT) Robin Harding–A mysterious divergence: U.S. Company profits are high but investment is not