So much for extrapolating record profit margins holding up the equity "market"...
Chart: Bloomberg
So much for extrapolating record profit margins holding up the equity "market"...
Chart: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/9914
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/08/20140820_Philly3.jpg