The Battery Winds Down
The Prism Daily: Thu, Oct 04, 2012
Your daily financial news-tritional supplement. From David Taylor and Gordon Philips, Directors with Prism Solutions, LLC ‘Better Investing Through Science’
Precis: The economy continues to wind down like a dying battery.
Orders to U.S. Factories Plunge on Airplanes, Computers
“Orders placed with U.S. factories fell in August by the most in more than three years, signaling that slowdowns in business investment and exports restrained the economic expansion… concerns about a fiscal cliff of tax increases and government spending cuts set for January also are putting the brakes on business investment, which has been a mainstay of the expansion.”
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