Detailed text transcripts for TV channel - MSNBC - 20150228:12:24:00
In today's three big money headlines, slowdown welcome back and hey cookie. regina lewis, with a good morning to you. let's get to the first headline. a slowdown. why is that not a good economic sign? >> well it's 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 consumers spend that money since 70% of gdp is consumer spending. >> that makes sense. what abou...
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