The “new normal” coined by Pimco posits a long era of diminished earnings and stock prices as overleveraged consumers and companies cut back. But it’s not playing out that way. It seems Corporate America is growing less and less dependent on America.
Continue reading The ‘New, New Normal’: Booming Earnings Amid a Tepid U.S. Economy
The ‘New, New Normal’: Booming Earnings Amid a Tepid U.S. Economy originally appeared on DailyFinance on Mon, 25 Oct 2010 15:00:00.
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