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Gosh, It’s Good To Be A Corporate
At the risk of jinxing things (there's no such risk; superstition's for the mentally desperate) ahea
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FYI (not much): As a retired CPA, I still care about GAAP earnings.
Bubble risk only beyond 7500…really?? Party like it’s nineteen ninety nine! (I did then and set my financial well-being back to zero)!
A good point.
Superstition and religion,
The other day, you were making a reasonable case for a rate cut but looking at this I am quite skeptical that it’d be the best decision.
Plus the proverbial “lower bar” theory I hear a lot these days, vis-a-vis sales or earnings ‘beats.’ Is this generally accurate?
Average salries are below $30 per hour or $62,400 per year for sales of $160,000. Operating expenses of 30% is rich, capex today is more often is covered by favorable depreciation schedules, and all the rest goes to capital. Today’s capitalists are pigs. Those levels are horrific and a glance back shows that profits were nowhere near as high on average between 1950 and 2010, with none approaching the average of the past 4 years Not bravo, but shame!
” all the rest goes to capital” or buybacks, no?