Yes, we are now in a manufacturing recession and have a profit recession too. Why do you ask? And it's not like we are having a big wage boom: Charlie Bilello: "With 90% of companies reported https://twitter.com/charliebilello/status/1195007972222676999, S&P 500 GAAP earnings down 5% over the past year, largest decline since Q4 2015...
#noted #2019-11-22
