June 29, 2004

LEAN, MEAN BOOM MACHINE:

Less-watched factors show strengthening economy (Matt Krantz, 6/28/04, USA TODAY)

Many investors might not know it, but Corporate America is in fine shape.

While stocks have been turning in a comalike performance in 2004, companies are healthier than they've been in years, if not decades. That's according to a number of financial measures that might be less-watched than earnings growth, but are just as important.

Everything from improving corporate bond ratings to soaring profit margins shows companies are turning in record performances, normal for early in an economic recovery. That flies in the face of fears the economy is delicate at best.


The big thing now is to keep the economy growing through the '06 midterm.

Posted by Orrin Judd at June 29, 2004 10:21 AM
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