Chart o’ the Day: How Companies Plan to Spend Money This Year

Posted by

The chart below comes to us from Citi strategist Tobias Levkovich, it’s a look at how corporations plan to spend money this year. You’ll notice the evolution from previous periods. What jumps out at me is that M&A expectations are dropping but labor costs are rising. This is a constructive development for the economy, even if it’s not necessarily a positive for stock prices right away.

It fits perfectly in-line with the thesis that it’s time for the consumer / worker to start outperforming the investor / corporation. This has been happening, for the first time in the post-crisis recovery, over the last 18 months. The trend, ironically, began on the heels of the release of Piketty’s treatise on income inequality.

Screen Shot 2016-06-01 at 10.36.59 AM

Source:

US Equity Strategy, June 2016
Citi Research – May 31st 2016

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  4. fake ferrari watches for sale commented on Sep 18

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  5. what is bitcoin era commented on Oct 02

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  6. Muurparasol commented on Oct 27

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  7. axiolabs deca durabolin commented on Nov 13

    … [Trackback]

    […] Find More on that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  8. dumps + pin site commented on Nov 16

    … [Trackback]

    […] Find More to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  9. intelligent automation solutions commented on Nov 27

    … [Trackback]

    […] There you can find 71287 additional Info on that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  10. Selective Regression Testing commented on Dec 02

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  11. Gamble commented on Dec 16

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  12. Harold Jahn Canada commented on Dec 19

    … [Trackback]

    […] Read More on that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  13. Sexy chemical commented on Dec 28

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  14. fake rolex commented on Dec 30

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

  15. judi bola commented on Jan 21

    … [Trackback]

    […] There you will find 15674 more Info to that Topic: thereformedbroker.com/2016/06/01/chart-o-the-day-how-companies-plan-to-spend-money-this-year/ […]

HowIInvestMyMoney