Blog

Oct 23, 2024

America’s profit machine is under threat

Many investors will have greeted the start of corporate America’s latest earnings season feeling chipper. After a brief wobble in the first half of last year, the profits of big American firms in the

Many investors will have greeted the start of corporate America’s latest earnings season feeling chipper. After a brief wobble in the first half of last year, the profits of big American firms in the S&P 500 index have climbed steadily higher in each subsequent quarter. This time around their profits are expected to grow by a bit more than 4%, year on year.

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