Corporate profits

Trump praises corporate profits while seeking corporate tax cuts

WASHINGTON (Reuters) – US President Donald Trump sent a Twitter message on Tuesday bragging about the high profits of US companies under his presidency, prompting critics to say he was undermining Republican arguments for a tax cut for companies. As Republicans in Washington attempt to refocus on taxes after their failed campaign to repeal Obamacare, […]

Corporate profits

The Big Bull Market Challenge: Corporate Profits Stalled

The stock market’s historic uptrend after the election has come to a halt of late as the Republican healthcare reform bill stalled, raising concerns about the rest of the Trump administration’s agenda. However, the big mediums remain with a hair of record territory. Investors have been spoiled lately with easy gains, a lack of volatility […]

Corporate profits

Trump’s tax cut could add 20% to corporate profits

According to Standard & Poor’s Investment Advisory Services (SPIAS), U.S. companies could benefit from a significant increase in profits if President-elect Donald Trump keeps his corporate tax cut campaign promise. The current federal corporate tax rate in the United States is among the highest in the world at 35%, while the effective tax rate was […]

Corporate profits

Corporate profits take permanent vacation in Cayman Islands and Bermuda: the two-way: NPR

George Town in Grand Cayman, Cayman Islands, is home to many international banks and offshore companies. New study shows the Caymans have $ 46 billion in multinational corporate profits, far more than their own $ 3 billion economy. David Rogers / Getty Images hide caption toggle legend David Rogers / Getty Images George Town in […]

Corporate profits

Falling corporate profits could signal a recession

Lightning flashes behind an air traffic control tower at McCarran International Airport. Ethan Miller / Getty Images It could get ugly in the US economy before long. While everyone has been distracted by the strength of the job market and decent consumption, the real breakdown in the US economy has come from the corporate sector, […]

Corporate profits

Why the EPI is wrong about the labor share and company profits

We have one of the Economic Policy Institute’s usual whining about how capitalist plutocrats are cheating on the American worker. It seems they are looking in economic statistics for anything that would justify such outcry. And there are a lot of numbers that can be used to support the argument, this is most definitely true. […]

Corporate profits

What is the relationship between corporate profits and GDP?

Do Do investors really understand the economy or the business cycle? The recent surge in stock indexes challenges the assumption that markets believe there is a relationship. As I have said many times in the past, it is not necessary to have short-term correlations between the economy and the markets. There are millions of reasons […]

Corporate profits

If corporate profits are increasing, then why are corporate tax revenues decreasing?

Apparently this is one of the great scandals of our time. The way corporate profits are soaring ever higher and yet corporate tax revenues are falling to increasingly low levels as a percentage of both GDP and total tax revenues. Obviously, this has been some change in the war between the plutocrats and the people […]

Corporate profits

The 30-year golden age of corporate profits is coming to an end

Photo by Alex Menendez / Getty Images According to the latest publication from the McKinsey Global Institute (MGI), the streak of three decades of extraordinary earnings growth for the world’s largest companies may be coming to an end. “Over the past three decades, companies have enjoyed record growth in profits, new market opportunities and lower […]

Corporate profits

Corporate profits are historically extreme

I recently discussed the valuation report published by the Office of Financial Research, which contained several important statements about the risk to investors in overvalued markets. To witness it: “Markets can change quickly and in unpredictable ways. When these changes do occur, they are greatest and most damaging when asset valuations are at extremely high […]