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Meanwhile, corporate profits as % of GDP are historically high: https://fred.stlouisfed.org/graph/?g=fPLQ https://fred.stlouisfed.org/graph/?g=fPLQ
by moorhosj 9y ago
Meanwhile, corporate profits as % of GDP are historically high: https://fred.stlouisfed.org/graph/?g=fPLQ https://fred.stlouisfed.org/graph/?g=fPLQ
- tryptophan 9y agoThis can explained by the fact that US companies are doing an increasing share of their business in non-US countries.
- moorhosj 9y agoIs the inverse of this not true? Are non-US companies doing more of their business in the US?