Federal Reserve and BMO Capital Markets

business conditions: The reluctance to invest is both a short-term and long-run albatross on the economy, according to Market Watch. Don't expect good news this week. One of the worries that keeps Federal Reserve honchos up at night is the weak level of business spending. One of the government best measures of business spending, known as durable goods, is expected to tumble in May. Businesses are holding back, noted Jennifer Lee, senior economist at BMO Capital Markets. A pair of secondary reports on business conditions are also likely to be soft. (news.financializer.com). As reported in the news.

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