US Gross Private Domestic Investment (as a percentage of GDP) is lower following The Great Recession that after previous recessions.
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST
While non-residential private domestic investment is lower than before The Great Recession, it is not too dis-similar from 2004-2007.
The decline came in residential private domestic investment and we are still suffering today.
There. Mystery solved. Over-investment is residential from 1995-2005.