The Bullish and Bearish Cases in Charts

By on December 30, 2010

Although I find the founder of the blog Pragmatic Capitalism, Cullen Roche, to be somewhat arrogant, he has some interesting views from time to time.  A recent post has 5 bullish and 5 bearish charts for the coming year.  The most revealing one in my opinion shows the massive rebound in corporate profits achieved since the depths of the recession [see source link below].  It graphically exhibits profits being at an all-time high and one in which the bulls are hanging their hopes on of continuing.

Source: Pragmatic Capitalism

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