It's way more simple, this is purely about Operating Leverage. Essentially, over the last 2-years, many companies Expense growth outpaced their Revenue growth.

It's way more simple, this is purely about Operating Leverage. Essentially, over the last 2-years, many companies Expense growth outpaced their Revenue growth. This is direct result of how Wallstreet holds companies accountable for EPS. https://www.investopedia.com/terms/o/operatingleverage.asp https://www.investopedia.com/terms/o/operatingleverage.asp