Episode 4 Let's Talk about Profits

With today's 1st quarter GDP release, we also had the economy's profit for the fourth quarter of 2012 released.  And it is not looking good. 

We will discuss profits before and after taxes, what the trend is, and where we may be headed.

We will also talk about what sectors in the economy are fairing the worst when it comes to profits, and what that may indicate regarding future inflation.