Profit Margins, Down To Earth?

One of my good friends who runs a small investment boutique pointed me towards today's chart of the day from Bloomberg showing the flight phoenix of US corporates' profit margins. I know that the chart is difficult to read but you only…

A Sea Of Red

If an ECB in QE mode, €60 billion in cash, €440 billion from a pooled EMU effort and €220 billion from the IMF only lasts a week, then I'd humbly submit that we have a problem.

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