Saturday, August 28, 2010

Daily Markets - Record-High Corporate Profits In QII: The Mother’s Milk Of Stocks, Business Sucess And Job Creation

Daily Markets - Record-High Corporate Profits In QII: The Mother’s Milk Of Stocks, Business Sucess And Job Creation

Record-High Corporate Profits In QII: The Mother’s Milk Of Stocks, Business Sucess And Job Creation

Posted: 28 Aug 2010 05:22 AM PDT

The chart above shows quarertly “Corporate Profits After Tax with Inventory Valuation Adjustment and Capital Consumption Adjustment” (BEA data here) from 1990 to 2010 (inspired by Scott Grannis’s recent post).  The red line represents profits in nominal dollars (billions) and the blue line represents inflation-adjusted profits using the Business Sector: Implicit Price Deflator (data here).  Comments:

1. Nominal corporate profits in the second quarter reached almost $1.2 … [visit site to read more]


Sense On Cents Endorses EWallStreeter

Posted: 28 Aug 2010 05:15 AM PDT

News happens fast and travels faster. Markets react accordingly. Print media is unable to keep pace with the blogosphere in capturing, deciphering, and distributing market moving news and information. This reality does not mean that the blogosphere is not filled with much disinformation if not worse. What is one to do? Where is one supposed to turn? I am happy to inform readers of Sense on Cents that when I want to know what is happening on Wall Street I turn to one site to get the quickest and … [visit site to read more]
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