US Corporate ProfitsThursday 17 July 2014
A couple of weeks ago, I posted something on LinkedIn, as I had seen a rather worrying chart of US corporate profits..............Just saw a chart of US corporate profits with the inventory valuation adjustment - it shows a massive drop in Q1. The chart without the inventory adjustment shows a continuing upward trend. It's clear that the level of corporate profits to GDP is worryingly high, the question is has it rolled over? From the looks of the chart, the correction is rather severe and...
Ocado Logistics UpdateThursday 17 July 2014
I last commented on the excellent Ocado logistics in April last year, but the process of continuous improvement errrr.... well it continues. Last time, two vans one after another, different colours. This time, they came from opposite directions and were colour co-ordinated.
What next? Will we have enough parking spaces in the street - watch this space...........
And Alastair Mundy, don't laugh, I am watching out for those Tesco vans.