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Why Corporate Profits Are Way Worse Than You Think

Summary:
Many are dismissing currently high valuations under the guise of ‘low interest rates,’ however, the one thing you should not dismiss, and cannot make an excuse for, is the massive deviation between the market and corporate profits after tax. The only other time in history the difference was this great was in 1999.” I https://davidstockmanscontracorner.com/?p=358367&preview_id=358367&preview_nonce=a29a3871aa&preview=true The

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Many are dismissing currently high valuations under the guise of ‘low interest rates,’ however, the one thing you should not dismiss, and cannot make an excuse for, is the massive deviation between the market and corporate profits after tax. The only other time in history the difference was this great was in 1999.”

Why Corporate Profits Are Way Worse Than You Think

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https://davidstockmanscontracorner.com/?p=358367&preview_id=358367&preview_nonce=a29a3871aa&preview=true

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David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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