Wednesday, November 4, 2015

Corporate profits are the market’s foundation, shaping a new America

Summary: Corporate profits have rising to an amazingly large share of our national income, powering the stock market while GDP and household income lag far behind. This has played a large role in shaping the New America of the 21st C. What caused this rise? What might reverse it? See my column at Wolf Street […]

Read Full Story from Fabius Maximus website http://fabiusmaximus.com/2015/11/04/cause-corporate-profits-rise-and-fall-90665/
This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on November 04, 2015 at 07:00PM

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