'timber', the nicest chart I've seen for a while was on ABC 7pm News last night. Alan Kohler often puts up pithy stuff ... last night was no exception. If anyone could screen grab it and post, this forum would be richer for it.
It looked like a 10-year chart. It tracked total AUS Corporate Profits plotted yearly. It was essentially a straight line headed approximately north-east.
Then it had a squiggle line showing total market capitalisation of AUS Corporates. It tracked the main line until about 2 years ago and then halved.
Waning sentiment was his message. Caused by sovereign debt crises.
'timber', the nicest chart I've seen for a while was on ABC 7pm...
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