If Cash Is King, Are Stocks Trash?
Real Vision: Finance & Investing
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Is There a Problem in the Equity Markets?
The only way you can justify this the current valuations is if we're gonna see for the first time in history to back-to-back strong decades of robust earnings growth. The percentage of labor costs relative to corporate profits today it's actually at a historical low and again it's just hard to believe that in five to ten years from now we're not gonna see a growth in that measurement. Companies are gonna have to take a hit on operating cost that is likely to increase relative to their other bought our top line growth, resulting in a compression of of their profits as well and a contraction of a urnance.
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