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Secular Profit Rise, Cyclical Profit Downturn

June 19th, 2016 · No Comments

  • There has been a substantial shift of income from wages to profits.
  • This has been an important part of secular stagnation and has been a drag on economic growth.
  • Cyclical forces are now consipring to reverse at least some of this, which is good news for the economy, but less so for investors.

Secular Profit Rise, Cyclical Profit Downturn | Seeking Alpha

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