Check out the accompanying pdf and chart collection. (1) S&P 500 forward earnings go from lagging to leading the market. (2) Forward revenues, earnings, and profit margin all at record highs. (3) S&P 500 operating earnings up 47% during Q1. (4) No sign that rising costs are squeezing profit margins. (5) Solid productivity pop during Q1. (6) An update on sausage making in Washington. (7) There’s still some hope that checks and balances will rein in progressives’ wish list.
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