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Sign “O” the Times

July 14th, 2014 - 2:16 pm

Corporate profits_0

Corporate profits are being sold as a sign of economic strength — but Zero Hedge says not so fast. They quote a Bank of America report which says, “The decline in corporate profits is indicative of weaker aggregate demand and a drop in productivity.”

Hang on tight.

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All Comments   (2)
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Steady, rising profits are a sign of economic strength. Recent profits have been squeezed out of our tepid "recovery" by various one-time tricks. Future profits depend on real growth, and there is none.
18 weeks ago
18 weeks ago Link To Comment
but aren't corporations bad? err Imean EVIL --- that what libiots told me- so we want them to fail right?
18 weeks ago
18 weeks ago Link To Comment
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