Peak corporate profits should lead, under normal circumstances, to more hiring and Capex spending. However, we are not seeing enough of either.
Will the corporate version of the Paradox of Thrift become a self-fulfilling prophesy?
Friday, September 2, 2011
Are We Nearing Peak Corporate Profits
http://www.ritholtz.com/blog/2011/09/corporate-profits/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29
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