Re:The problem isn't inflation. It's prices. What goes up ma...
by sokoloff on Wednesday November 08, 2023 @12:26PM
(#38193755)
In any inflationary environment, corporate profits should be expected to regularly break records (in nominal terms) just like GDP should be expected to regularly break records.
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Re:The problem isn't inflation. It's prices. What goes up ma...
by piva00 on Wednesday November 08, 2023 @12:51PM
(#38194156)
Break nominal records, yes, not to break record margins.
Re:The problem isn't inflation. It's prices. What goes up ma...
by sokoloff on Wednesday November 08, 2023 @01:12PM
(#38194464)
Corporate profit margins are in the range which has been typical since the recovery from the 2007 GFC.
https://www.gurufocus.com/economic_indicators/62/corporate-p...
They're not currently breaking records and they jumped into this range during a period of notoriously low inflation (by historical and absolute measures).