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!

Email

First Name

Last Name

State

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.