Profit Margins of S&P Large Caps and Small Caps

Profit Margins of S&P Large Caps and Small Caps Profit margins between small and large caps are widening. Industries with highest concentrations are getting all of the profit margin improvement. Image: Arbor Research & Trading LLC

Russel 2000 and Unprofitable Small Caps

Russel 2000 and Unprofitable Small Caps The proportion of small caps that are unprofitable has climbed to nearly 30%. This level is generally only observed during recessions. Image: BofA Merrill Lynch Global Research

Proportion of Unprofitable IPOs

Proportion of Unprofitable IPOs The proportion of unprofitable IPOs has reached 70%, the highest level since the tech bubble 20 years ago. Image: BofA Merrill Lynch

U.S. Corporate Profits and S&P 500

U.S. Corporate Profits and S&P 500 Corporate profits have mostly been flat over the past five years. Is a new bubble being formed? Image: Oxford Economics, Macrobond

Global Nominal GDP and Corporate Profits

Global Nominal GDP and Corporate Profits This chart shows the correlation and the slowdown in global growth and corporate profits. Historically, margin pressures have preceded the start of recessions. Image: J.P. Morgan