Is The US Profit Recession Finally Here?

Those of a bearish persuasion have waited six months (at least) for concrete evidence to support the contention that US corporate profits, bedeviled as they should be by gale-force margin headwinds, are destined for some manner of reckoning. Such calls grew louder in the lead up to Q2 earnings, and were quite shrill by the time Q3 reporting season rolled around. Although cracks emerged in last quarter's results, some of America's corporate heavyweights defied dire predictions. "Ironically, it

Try one month of our best daily market and macroeconomic commentary for FREE

Try for free

Or see other subscription options to save 20% on an annual plan

Already have an account? log in

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints