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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: bozwood who wrote (18255)3/7/2004 2:42:14 PM
From: Lizzie TudorRead Replies (2) of 306849
 
I came to your conclusion also. But I even take it a step further. I don't think anything is really tied to corporate profits in terms of the economy except a tiny fraction of participants in those corporate profits, specifically executives. Anybody that uses corporate profits as a justification for the price of some item likely purchased by a US consumer is reaching, imho. Salary levels would be relevant but he doesn't mention that. And there is no relation to salary with corporate profits that I can see (walmart as an example of this).
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