On Thursday, shortly after the government estimated that the economy only grew at an annual rate of 0.5 percent in this year's first quarter, Jeffry Bartash at Marketwatch.com commented on the especially weak performance in nonresidential business investment.
That category subtracted 0.76 points from GDP, the worst result since the second quarter of 2009, during the recession. Bartash, presumably based on real discussions he's had with real economists wrote: "Many economists doubt business investment will show much strength in 2016. A tepid global economic scene and a tumultuous U.S. presidential election marked by heavy anti-corporate rhetoric appears to have made business executives more cautious." What? "Anti-corporate rhetoric" affects the decisions of entrepreneurs, investors and businesspeople? Who knew?