Not exact matches
Again, the big question is what has driven record corporate profits during a period in which we experienced the
weakest GDP
recovery in modern times
following a recession?
The chart also shows that the ramping - up of the Fed's monetary interventions in 2008 - 2009 has been
followed by the
weakest post-recession
recovery in at least 70 years.
As we have long expected, the economy is tracing out a trajectory typical of the
weak recoveries that
follow balance - sheet induced recessions and credit crises caused by highly excessive debt.