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Super Brief: Dark Output, Record Margins — Super Brief
Published 3 weeks, 3 days ago
Description
Dark Output, Record Margins. Corporate profit margins just hit 20.6%, shattering a ceiling that held for fifty years. GDP sits at 1.6%. Consumer sentiment is at record lows. The savings rate is 2.6%, the lowest since June 2022, meaning consumers are drawing down buffers to maintain spending. Food insecurity is rising. Stocks si