July 29, 2022

Large packages of government deficit spending tends to be correlated with stronger US corporate profits, however this works in reverse as well: Pullbacks in deficit spending tend to lead to weaker US corporate profits unless the shortfall is made up.

Source: thedailyshot

Related Resources

Debt Ceiling Negotiations Continue

Debt Ceiling Negotiations Continue

Inflation Deceleration Rate Shows Signs of Slowing

Inflation Deceleration Rate Shows Signs of Slowing

From Fed Rate Hikes to Rate Cuts

From Fed Rate Hikes to Rate Cuts