Recession or not, Wall Street still expects inflation to produce record profit margins, with more on the way
The layoffs are piling up. The recessions are deepening. But as prices continue to rise, Wall Street expects net profit margins for the companies that make up the S&P 500 to remain at levels far above any level before the COVID-19 pandemic. As fourth-quarter results come in, Wall Street analysts expect 2022 net profit margins … Read more