From 2% Real Economic Growth To +56% S&P Profits—A Q2 Bridge Way Too Far

The Q2 2026 statistical leap from 2 percent real final sales growth across a $30 trillion economy to a 56 percent S&P 500 profits gain is the topic at hand. It does not constitute evidence of a fortuitous business cycle boom, as both the the stock peddlers on Wall Street and the braggart domiciled in […]

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