Dollar, Oil, GDP and Profits

« Back to Blog

Dollar, Oil, GDP and Profits

Stock Market  |  April 14, 2016  |  
rn-admin

 

This chart (courtesy of Deutsche Bank) highlights the difference between GDP and profits. Manufacturing has been hit by the rise in the dollar and the drop in energy, while the service sector has seen little impact. This chart is evidence that the overall US economy is less likely to go into a recession (as discussed in George’s recent blog).

–Rob RinnerGDP and Profits

 


«
»