Story Time 1929-1936
Apr 17th 2020 8:05am EDT
Story Time 1929-1936 Submitted by Nicholas Colas of DataTrek Research We’ll cover some upbeat earnings reports from GM, Firestone, AT&T and Texaco. The hook: they are from 1929 – 1936. Yes, every company here was profitable in the Great Depression; they cut their workforces until they could earn their dividend (basically the cost of capital […]
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