US CEOs are evidently checking the 20+% rises in their stock prices this year and deciding to re-invest some of the profits, according to the Business Roundtable survey.
- The roundtable’s index improved to 96.9 in Q1 from 77.9 in Q42011
- 48% expect their capital spending to rise in the next 6 months
- 81% expect their sales to rise in the next 6 months
- 42% expect their US employment to grow in next 6 months
Sometimes a rise in stock markets can create a virtuous cycle.
