That said, what we've observed in prior cycles, especially during 2000 and 2007, is this. (hussmanfunds.com)
This restructuring should allow the company to achieve profitability on lower sales volume than in prior cycles. (heartlandadvisors.com)
This view contrasts with several prominent market forecasters who predict profit margins will revert to lower historical averages, an outcome that would be more reminiscent of prior cycles. (morganstanley.com)