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There are always smart people on both sides of the trade. In our discussion today, we focus on a recent report from Bridgewater Associates, the world’s largest hedge fund, claiming that US corporations have reached peak profit margins and are likely to decline by as much as 40%. On the other side, we have Larry Fink of BlackRock, stating that there may be a “melt-up” in the stock market over the coming months. This would be due to the large amounts of cash sitting on the sidelines or in the bond markets, and it may make its way into the equities, thus pushing markets to new highs. Who is right? Time will tell, but it’s an interesting debate and worth the discussion.