Macro Determinant News Today

In todays three big money headlines, slowdown welcome back and hey cookie. regina lewis, with a good morning to you. lets get to the first headline. a slowdown. why is that not a good economic sign? >> well its the biggest macro determinant of where it is headed. it went down from 2.6 to 2.4. to put that in perspective, alex. in the 90s, it was 3.4. cap x spending spending on behalf of companies, which is expected to create a virtuous cycle. i spend more as a company, wages go up and ultimately ...