Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a 4 year record. Europe’s debt crisis is putting pressure on corporate earnings globally with companies from Procter & Gamble Co. (PG) to Danone (BN) cutting forecasts and signaling profits will…
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Americans Despair About The Economy
by a Wall Street Examiner • • 0 Comments
No matter what Ben Bernanke says about a slow economic recovery or what improved GDP growth and lower unemployment signal, many Americans still believe the economy is in horrible shape. “More than half of Americans (55%) describe the U.S. economy …
