Monday, August 29, 2016

It looks like the profits recession bottomed in Q4 2015


 - by New Deal democrat

Corporate profits are one of the established long leading indicators.  They were updated through Q2 as part of Friday's revised report on GDP.

It looks like the end of the surge in the US$ has fed through into a bottom in the downdraft in corporate profits.  This post is up at XE.com.