So if NIPA earnings can’t catch up to the S&P from the bottom, what is the alternative? According to BofA, it is a simple, one-word answer: recession.
https://www.zerohedge.com/geopolitical/there-only-one-thing-can-close-widest-history-profits-gap
There Is Only One Thing That Can Close The “The Widest In History” Profits Gap: Recession!
