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The Problem with Profits
Episode 72

The Problem with Profits

Notes on the Week Ahead

October 21, 20197m 5s

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Show Notes

The Tax Act of 2017 was a bit like a pair of speedy running shoes for U.S. corporate earnings. It allowed for a short-run burst of strong year-over-year gains. However, since the start of this year, these gains have plateaued and earnings growth is likely to be very slow going forward.