The Candle Burns Brightest Just Before It Goes Out

The Candle Burns Brightest Just Before It Goes Out: This old proverb might describe the current business cycle. ITR Economics Director Jackie Greene takes a hard look at the strong performance of corporate profits in Q2 and suggests that we don’t get too excited. She warns that “Red flags that suggest the Corporate Profits rising trend is not sustainable are appearing in the leading indicators and in the Corporate Profits data itself.” Find out why she says, Corporate Profits are Up, but Will it Last?