Business Columnists

Capitalism Is Broken If Record Profit Margins Don’t Revert

Capitalism Is Broken If Record Profit Margins Don’t Revert
U.S. dollar banknotes are shown in a picture taken on Dec. 7, 2021. Ozan Kose/AFP via Getty Images
Lance Roberts
|Updated:
0:00
Commentary
According to British investor and co-founder of the Boston-based asset management firm GMO, Jeremy Grantham, “Profit margins are probably the most mean-reverting series in finance. And if profit margins do not mean-revert, then something has gone badly wrong with capitalism.”
Lance Roberts
Lance Roberts
Author
Lance Roberts is the chief investment strategist for RIA Advisors and lead editor of the Real Investment Report, a weekly subscriber-based newsletter that covers economic, political, and market topics as they relate to your money and life. He also hosts The Real Investment Show podcast, and his opinions are frequently sought after by major media sources. His insights and commentary on trends affecting the financial markets earned him a spot in the 2020 Refinitiv Global Social Media 100 influencers list.
Related Topics