Higher after - tax profits should eventually place upward pressure on wages and downward pressure on prices, resulting in
earnings returning to normal levels.
Not exact matches
In the years ahead, oil production will decline
to remove excess capacity, prices will again rise above costs, energy company margins will recover, and market -
level earnings will
return to a
normal rate of growth.
GMO's asset class projections, which simply assume a
return to normal levels of profits and
earnings, say that almost all asset classes are set for negative real
returns.