Tuesday, January 5, 2016

An important look at corporate profits

 - by New Deal democrat

I have a new post up at XE.com .  If corporate profits are a long leading indicator, and stocks a short leading indicator, then corporate profits should lead stocks.

But even if you don't particularly care about stock prices, if you care at all about social equity, then a look at corporate profits as a share of GDP is, well, breath-taking.