Corporations in the United States continue to generate good profits. Stock prices are below where they might be based upon the fundamentals for 2005.
Corporations in the United States continue to generate good profits. Stock prices are below where they might be based upon the fundamentals for 2005.
The basic conclusion is that 1999-2000 will bring further gains in corporate profits, mild-mannered inflation and a generally favorable outcome for equity prices. Increasing confidence that the economic expansion will continue through our newly-extended forecast horizon encourages a modest upward revision in stock price targets.
© 2020 Inspirational Stories
© 2020 Inspirational Stories