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  • About Us
David A Levy
Declining U.S. Corporate Profits Signal a Looming Recession
Earnings weakness, combined with limited Fed firepower and softness in global demand, are likely to cause a outright contraction in the economy.
David A Levy December 28, 2015
2015-12-uw-david-levy-doomed-us-economy-large.jpg

U.S. earnings have declined for four straight quarters, and market participants are taking notice. Yet making the rounds is a dangerous narrative: that a cyclical fall in profits can occur without the rest of the economy turning down — a so-called earnings recession or profits

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