Tuesday, April 09, 2013

"CHAMP TO CHUMP CYCLE"

"According to Hussman, corporate profits are near 11% of GDP and 70% above the historical norm. (Hussman agrees with Warren Buffett that one has to be wildly optimistic to believe corporate profits -- as a percent of GDP -- can hold above 6% for a sustained period.)"

http://tinyurl.com/d5qjv6j

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