Corporate Profits Are In Trouble

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Sep 08, 2011 Lance Roberts 

Let’s get something straight — corporate profits are a reflection of the economy, not vice versa. There is also a huge difference between corporate profitability based on top line revenue growth and bottom line cost cutting.

Lately, there have been a plethora of analysts talking about the continuation of the bull market based on the expectation of rising corporate profits to record levels in the coming year. I have one question: How?
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