If corporate profit margins really are "as good as it gets," what then becomes of the bullish...

|By:, SA News Editor

If corporate profit margins really are "as good as it gets," what then becomes of the bullish case for stocks? Every time profit margins have climbed this high - which has happened only twice since the 1950s - they've collapsed, taking profits down with them, Henry Blodget observes. "And when profit margins collapse, stock prices generally collapse."