Reply to Corporate profits need to rise? Am I missing something?

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Reply to "Corporate profits need to rise? Am I missing something?"

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[quote=Anonymous][quote=Anonymous]Stocks are expensive. At some point profits need to rise. However, for profit to rise, shouldn't companies have to cut cost? And isn't labor going to be the first casualty?

I'm just trying to make sense why is everyone so confident about this never ending rise in the stock market.

I don't want to be a pessimist, but I foresee a jobless recovery. I have the feeling that this low job environment we are in may be the new normal until companies especially the ones with ridiculous stock appreciation start showing massive profits.

For the record I am not an economist, a psychic, a market timer etc ....I am just your boring guy with money in an index fund on cruise control....But I am just curious because I feel this time it's different. I'm just not sure jobs will be as plentiful as we move forward... [/quote]

A jobless “recovery” … from what? I mean, Trump is tanking the economy but …

All of this run up is forecasting the value generative and genetic AI are going to bring.[/quote]

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