As President Trump returned from Davos, I want to emphasize first that he is standing on top of the world, in terms of American achievements and influence. And second, new numbers coming out today showing the U.S. business investment boom continues to intensify.In particular, the key category non-defense capital goods, excluding volatile aircraft, which is really the core measure of business investment, is now up 9.9% at an annual rate for shipments over the past three months. Nearly double the twelve-month rate.And new orders are up 8.5% over the past three months, compared to 5.5% over the p...
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