CHART OF THE DAY: Springloaded Profits Can Jump Much Higher

button more charts
button chart prev
button chart next

There’s a big debate about where profits are headed, and what, exactly, the market is looking for. In his rebuttal to David Rosenberg’s bearish prognostications, Eddy Elfenbein created this chart of profits as a share of GDP. They’re clearly compressed, and if they revert to a historical standard, it means earnings have some spring in them.

Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it).  Sign up below!


First Name

Last Name


NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.