Goldman Is Gloomy on Prospect of Major CapEx Rebound Post-Brexit

  • Expects muted improvement after weak first half of 2016
  • Brexit aftershock, low potential growth a drag on investment

Brexit's Direct Effects on the U.S. Economy

Capital spending in the U.S. was lethargic early this year, and economists at Goldman Sachs see only modest improvement going forward even as the drag from cheap oil fades.

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