And while the spread has widened in the late
stages of economic expansion, Bernstein notes that this is the first time the gap has grown because of an acceleration in operating earnings as opposed to a fall in reported profit (see the third chart).
During the latter
stages of the economic expansion in the 2000s, there were three corrections ranging in size between 8 % and 10 %.
Their best performance is in the early
stage of an economic expansion.
«In the early
stages of the economic expansion, homeselling sentiment trailed homebuying sentiment by a significant margin.
Not exact matches
«We are at the beginning
stages now
of a new bull market that's going to be driven now more by earnings growth and
economic expansion,» he says.
For the first time in seven years, the Bank
of Canada announced today that it was hiking its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has
staged a broadly based
economic expansion this year.
«While this
economic cycle shows no immediate signs
of ending, it is clearly in its mid - to later -
stages of an elongated
expansion, and so we are being cautious, preparing for less robust times.»