Economists marveled at the rebound in third-quarter NIPA corporate profits to new all-time highs, but it’s just “bean bag” economics from more than a century ago.
Dec
05
2020
A Great Profit Quarter Was “In The Bag”
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![Doug Ramsey / Chief Investment Officer & Portfolio Manager](https://leuthold.imgix.net/leutholdgroup.com/site_files/authors/DSC_3768_LR_Doug.jpg?h=150&w=150&fit=crop&fp-y=.15)