Rick Wolff Intrerview: Profits driving stocks a sign of danger

Profits driving stocks a sign of danger Rick Wolff: Upswing in stocks comes from profits due to cutbacks and concessions, worse is yet to come. Source: THE REAL NEWS

_________________________________________________________________ ___________________________________________________________________ Richard D. Wolff (born April 1942, Youngstown, Ohio) is a American economist, well-known for his work on Marxian economics, economic methodology and class analysis. Wolff received his Ph.D. in economics from Yale University in 1969. He frequently collaborates with fellow economist Stephen Resnick. Wolff is married to (and sometimes co-author with) psychoanalyst Harriet Fraad.