The Bonddad Blog
Still nerdy after all these years
Thursday, May 31, 2018
Corporate profits for Q1 2018 give caution signal
by New Deal democrat
Corporate profits for Q1 were repored yesterday as part of the GDP update.
They are both a long leading indicator for the economy as a whole, and they also lead the stock market, when the latter is averaged quarterly. By both measures, they are flashing caution.
This post is
up at XE.com
New Deal democrat