Corporate profits

Corporate profits relative to GDP

Citi Research We have all seen this painting before. These are corporate profits as a percentage of GDP. The implication is that record profit margins are an anomaly due to too few workers working too many hours for too little pay. Stock market bears warn that margins are bound to return to a long-term average. […]

Corporate profits

Yardeni on corporate profits

Dr. Ed’s blog During the same period that the P/E rose 44% from the 2011 low, forward earnings rose 12% to a new all-time high of $120.74 per share. Third-quarter after-tax profits also hit new records, as shown in the National Income and Product Accounts (NIPA), as well as GDP on Thursday. Last week, I […]