The Bonddad Blog
Still nerdy after all these years
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.
New Deal democrat