Any Whining About Profits?

Corporate profits increased at an annual rate of 8.6 percent in the second quarter.


We don’t have the full industry detail from the Commerce Department yet, but it looks like the financial sector was the big gainer.  Non-financial corporate profits just barely edged up, not even keeping pace with inflation.  If you are whining to your banker about the weak economic environment, he may not understand what you’re talking about.