Corporate earnings, from Zubin Al Genubi
I see they are down [at least through Q2]:
FRED: Corporate Profits After Tax (without IVA and CCAdj)
Steve Ellison responds:
Interesting. S&P 500 earnings per share were up both year to date and year over year. And Q3 so far looks better than Q2.
S&P source spreadsheet: Click link to download file: S&P 500 Earnings.
Big Al wonders:
So maybe the big firms are doing better than the smaller ones?
Nils Poertner remembers:
Investment Bank earnings 2007…My very cerebral friend Maurice at the time: "IBs are cheap - look at their PE ratios."