Exploring the Capital Investment Decline

Capital investment declined in the second quarter, but trade tensions likely aren't the root cause.

To view this email as a web page, click here     Exploring the Capital Investment Decline     Capital investment has fallen sharply in 2019—a slowdown that has coincided with rising trade tensions. But headwinds in the energy and aviation sectors are more likely to blame.   READ THE FULL STORY     A Labor Day Look at the Labor Market Labor Day 2019 saw the US economy in a strong position. Official unemployment is at lifetime lows and the steady pace of jobless claims in every state—despite worries about trade wars—indicates that trade disruptions aren't visible in the pulse of US economic activity. LISTEN AND SUBSCRIBE      Unsubscribe | Privacy Policy | Website  JPMorgan Chase, 10 S. Dearborn, Mail Code: IL1-0723, Commercial Banking Marketing, Chicago, IL 60603-3403, United States. The material contained herein is intended as a general market commentary, in no way constitutes J.P. Morgan research and should not be treated as such. Further, the information and any views contained herein may differ from that contained in J.P. Morgan research reports. ABOUT THIS MESSAGE: J.P. Morgan, Chase and JPMorgan Chase are marketing names for certain businesses of JPMorgan Chase & Co. and its subsidiaries worldwide. Products and services may be provided by commercial bank affiliates, securities affiliates or other JPMC affiliates or entities. © 2019 JPMorgan Chase & Co. All rights reserved.