U.S. Capital Goods Orders Decline Unexpectedly in December

The video discusses the sluggish growth in business investment, largely due to the trade war and global economic slowdown. It highlights the volatility in defense and aircraft orders and the cautious mood of businesses. The potential for stabilization and growth is noted, but uncertainty, especially with upcoming elections, remains a concern. Central banks have a limited role in influencing investment, as confidence in future business prospects is the key driver.

What factors are contributing to the sluggish business investment growth mentioned in the text?

How has the trade war impacted business investment according to the discussion?

In what ways might global manufacturing recovery affect investment spending?

What role do central banks play in influencing business investment intentions?

What uncertainties are businesses facing that may affect their investment plans?