It was only this past summer that Trudeau's PMO was reluctant to brag about a boast - worthy
run of economic indicators.
Not exact matches
But if this
economic cycle indeed has another extended leg in — as plenty
of indicators suggest — and companies can keep the profit machine
running along with stock buybacks and mergers, there's no saying the market as a whole can't work its way a good deal higher before it reaches its ultimate peak.
Note that this isn't some metric I'm making up out
of whole cloth; I think back in 2007 or so the New York Times
ran a series
of articles on class differences in modern America, and they said that one
of the best
indicators of someone's
economic class is whether they have goods and services that took a lot
of labor to make, or whether their daily life doesn't command a lot
of human resources.
We now
run the economy on the basis
of a simple
indicator of total
economic activity, the Gross Domestic Product.