Weldon: Why US corporate profits have not yet peaked

ON NORTH AMERICA

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Threadneedle's head of US equities, Cormac Weldon, challenges analysts' forecasts that US corporate profits have peaked and are set to decline.

Recent US data has been encouraging and we believe will continue in the long term as America undergoes an industrial rejuvenation driven, in part, by the shale energy revolution. In February, jobless...

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