Counselor to @SecScottBessent @Lavorgnanomics: “What we want to highlight is an overlooked statistic, but it’s very important, because this statistic, which is put up by the Federal Reserve, points to a CapEx Comeback and we care about capital spending, because the more we know that companies invest in capital, the faster productivity is. The faster productivity is, that means living standards can grow and worker wages can rise. It’s essentially the hallmark of the first Trump presidency, and we’re seeing it again in President Trump’s second term, even in a bigger way.”
