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Mark Skousen Quote

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

Mark Skousen

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

Tags: reality, want, stock market

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About Mark Skousen

Mark Andrew Skousen (; born October 19, 1947) is an American economist and writer. He currently teaches at Chapman University, where he is since 2022 a Doti-Spogli Chair in Free Enterprise at The George L. Argyros School of Business and Economics. He has previously taught at Columbia Business School, Mercy College, Barnard College, and Rollins College.