Profit Margins: Ups & Downs

(1) Keeping current with current events. (2) Does it make any sense at all that median household income has been flat for 16 years? (3) Census income measure excludes lots of income, especially non-cash government entitlements. (4) Real personal income per household at yet another record high, and up 23% over past 16 years! (5) Late Night Joe’s latest publication focuses on forward profit margins for numerous industries. (6) Lots of bad stuff taken out of GAAP earnings that isn’t all subtracted from operating earnings. (7) Energy margins got drilled, while other sectors still flying high. (8) Tech leads the margin derby.