In the past 10 years, corporate profits are up 25%. The Dow is up 175%. Makes sense, right?
It does considering that the Fed has rigged the market.
source: tradingeconomics.com
This from Trading Economics. Corporate Profits in the United States increased to 1983.80 USD Billion in the first quarter of 2021 from 1951.40 USD Billion in the fourth quarter of 2020. Corporate Profits in the United States averaged 528.12 USD Billion from 1950 until 2021, reaching an all time high of 2018.50 USD Billion in the third quarter of 2020 and a record low of 14.67 USD Billion in the first quarter of 1951. Corporate profits represents the portion of the total income earned from current production that is accounted for by U.S. corporations. It is one of the most closely watched U.S. economic indicators, as it provides a summary measure of corporate financial health and thus serves as an essential indicator of economic performance. This page provides the latest reported value for – United States Corporate Profits – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
