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Investors Shrug At Longest Profit Slump Since The Recession
FYI: Not since the Great Recession have corporate profits been on this long of a slump. The response from investors: So what? Investors are comfortable enough with the yearlong sag that they pushed stock prices to all-time highs this past week. The records were notched just as companies began to report how much they made from April through June, and expectations are largely glum. Regards, Ted http://www.bigstory.ap.org/article/2bb1581d499149ccb6e93779c021dafe/investors-shrug-longest-profit-slump-recession
