Corporate profit growth, which remained robust through 2021, is also poised to cool off, due to the impacts of higher inflation and a tight labor market. For perspective, U.S. jobless claims have declined to the lowest levels seen since 1969, making it difficult for companies to hire and retain workers. On the other side, Deere stock, a company that manufacturers machinery used in agricultural, construction, and forestry, has been the strongest performer, rising by about 19% year-to-date.