With the Chinese and European economies hitting trouble this year, and the fiscal cliff getting...

|By:, SA News Editor

With the Chinese and European economies hitting trouble this year, and the fiscal cliff getting closer, numerous major U.S. corporations such as Caterpillar (CAT) and Intel (INTC) have been reducing their investment plans. However, Capital Economics' Paul Ashworth says avoiding the cliff could sparks a "burst of pent-up demand...at the start of next year."