Corporate Finance For Fun & Profit

Check out the accompanying pdf and chart collection. (1) Revenues and earnings continue to impress. (2) Both S&P and NIPA profit margins at record highs. (3) S&P 500 accounts for about 60% of NIPA profits. (4) Lots of S corporations in the mix. (5) Are companies offsetting rising costs with productivity, raising prices, or both? (6) Regional business surveys showing another increase in prices-received index as prices-paid index levels at record high. (7) Wage inflation not widespread yet. (8) The big risk is a wage-price spiral if productivity disappoints. (9) Corporate cash flow at record-high $3 trillion. (10) Corporations floating lots of new issues in Fed’s overflowing punchbowl.