Historical Year Data · 2016
Corporate Profits After Tax in 2016
Corporate Profits After Tax opened 2016 at $2B and closed at $2B, a +1.70% move for the year. The high of $2B was reached on October 1, and the low of $2B on April 1.
Open
$2B
2016-01
Close
$2B
4 data points
High
$2B
Oct 1
Low
$2B
Apr 1
Full Year Change
+1.70%
2015 Change
-6.85%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2B | $2B | $2B | $2B | +0.00% |
| Apr | $2B | $2B | $2B | $2B | +0.00% |
| Jul | $2B | $2B | $2B | $2B | +0.00% |
| Oct | $2B | $2B | $2B | $2B | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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