Net profits margins running at 16.9% instead of 12.4%.
These charts show why stocks keep rallying. Profit margins are the highest on record
And of course they write this headline with a straight face:
Wholesale prices were flat in July, below expectations for 0.2% increase
I got your record corporate profits right here pal, month after month after month:
... On an annual basis, the headline PPI increased 4.7% for the all-items index and 4.2% for core, according to unadjusted figures. ...
