U.S. Stocks Fall as JPMorgan Tumbles on Trading Report – Bloomberg 06-28-12

Salient to Investors:

Kurt Brunner at Swarthmore Group said Europe is not going away for the next three years.

U.S. executives are tapping into their record pile of cash for the first time in four years as they drive spending on plants and equipment to an all-time high.

David Sowerby at Loomis Sayles said concern over Europe and expiration of Bush-era tax cuts make executives reluctant to keep increasing spending and you could see a return to rebuilding cash and less capital expenditure.

Read the full article at http://www.bloomberg.com/news/2012-06-28/u-s-stock-futures-decline-before-european-union-summit.html