GLOBAL - Notwithstanding market concerns about pricing power, the US corporate sector should deliver a robust increase in profits in 2002, according to Keith Wade, Schroders' chief economist.
Schroders’ forecast is for economic profits to rise just over 15% in 2002 (q4/q4). At the market level (S&P500) this roughly translates into operating earnings per share of $46.5 (20.3% y/y) and re...
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