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.