Tuesday, June 7, 2011

Okay, Jazz...


... You nailed it.


I put the FRED CP (Corporate Profits After Tax) numbers into Excel. Made a graph. Chopped off the part after 2006, the decline and bounce back, as obviously not part of the exponential trend. Then added an exponential trend line to the graph:


Okay, that last part there is -- what did you say? -- absolutely extraordinary.


As a doublecheck, did the whole period:


Extraordinary.

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