Chart Of The Week – 12th August 2013

After a disappointing 2012, courtesy of fiscal cliff fears in the U.S. and the slowdown in global growth, U.S. business investment (capex) has come back to life this year. MRB expects further solid gains ahead, which bodes well for a broader rebound in global fixed investment, given the leading tendency of the U.S. The global industrials sector, particularly the capital goods industry, will be a key beneficiary.

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