Warren Buffett and Jeremy Grantham have been warning us about this moment for years
We may have seen the peak in US corporate profits. And what could happen next isn't good. Since the financial crisis, corporations have managed to deliver robust profit growth by offsetting the drag from weak sales growth with widening profit margins. These fatter profit margins came from cutting …
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Karthik Kadappan flipped this story into The World of Economics•3117d