Gorrie investigates the Bloomberg TV report that U.S. corporate earnings are up across the past two years.
Austin, TX (PRWEB) August 05, 2012
Absolute Wealth and Managing Editor James R. Gorrie have published the latest version of The Good, the Bad, and the Gorrie, a weekly YouTube video series that highlights the biggest news from the economic world.
Gorrie investigates the Bloomberg TV report that U.S. corporate earnings are up across the past two years. This is “great news when you consider that the rest of the major regions of the world… are all trending downward,” Gorrie said in the video. “You’ve got to recognize the good news when it’s there, and build upon that.”
Unfortunately, Gorrie pointed out that when viewed in full context, corporate revenues are trending down.
“On the one hand you have rising earnings…” said Gorrie, “and on the other hand we have flat and falling revenues.”
What does that mean for the economy? How are production and labor costs affected? When broken down, are financial services boosting the assumed rising earnings?
Watch the rest of the video for the answers, and check out The Gorrie Details daily Editorial Column that appears every morning on Absolute Wealth’s website.
“The Good, the Bad, and the Gorrie” is a reoccurring series appearing on Absolute Wealth’s YouTube page (viewers can search for the AWPublishers channel) and featured on facebook.com/AbsoluteWealth.
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James R. Gorrie has more than eighteen years of financial advisory experience. He holds a BA in economics, and attained doctoral candidacy in international relations and comparative politics, with an area specialty in international political economy. Gorrie writes daily articles on current macroeconomic and investment topics, Special Reports, and analyses on geopolitical events around the world that affect the market.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the company’s Independent Wealth Alliance for professional investment analysis and recommendations on the latest market trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.