For a very long time now, US productivity has been stagnant. That’s a huge drag on economic performance, though Economists are stumped as to why that was and continues to be. It’s as if US companies don’t want to invest productively in their businesses, preferring to buyback shares and hold the most liquid financial assets instead. These are the actions of companies that foresee little economic opportunity.
The post Someone Is On Drugs, Alright was originally published at The Wall Street Examiner. Follow the money!