James Montier

James Montier, a strategist at GMO known for his insights on value investing, reflects on his previous predictions about corporate profit margins. He discusses why profits have remained high, despite expectations of decline, and examines the link between elevated corporate earnings and inflation. Montier also explores U.S. fiscal policy's impact on profitability and how government spending contributes to economic stability. Additionally, he analyzes the trend of increased dividends over reinvestment, shedding light on the dynamics of today’s market.