An excellent revealing article for economic recovery…
By Daniel at 5 December, 2009, 12:01 am
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“Many have proclaimed that the end of the recession happened sometime this past summer.
If that in fact happened, we are one or two quarters into recovery. Yet, a number of factors have not lined up with the post World War II history of recessions. Among these are the behavior of non-financial stocks’ profits and revenues. David Rosenberg, Chief economist at Gluskin Sheff (Canada), has provided some of the data that clarifies just what is different in this economy.
Non-Financial Corporate Profits
The first data selected from Gluskin Sheff is a graph showing how non-financial corporate profit growth has varied since 1948.
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Please read: http://seekingalpha.com/article/176617-what-profits-and-revenues-have-to-say-about-economic-recovery
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