Profits are still heading up, Q1 should extend the trend . . .

Ed Yardeni (see his post here from Mar. 28) recently blogged that one of the most important reasons to be optimistic is that corporate profits remain in a “super-normal” recovery.  I agree.  Profits from current production (on a cash flow basis, blue line) are 8% above the last cyclical peak in Q3 2006 and headed upward.  Possible disruptions from Japanese catastrophe may yet slow the trend.  Jeb Terry, Sr. Apr. 4, 2011

Source: Yardeni.com

Aberdeen Investment Management – a guide service for micro-cap technology investment

Leave a Reply

Your email address will not be published. Required fields are marked *