Third Quarter Earnings Season

Third Quarter Earnings Season

‘Tis the season! Third quarter earnings season, that is. Every quarter, companies report earnings to let investors know how profitable the companies were during the quarter. When profits grow, a company’s share price may move higher. When profits decline, a company’s...
Corporate Profit Decline Headlines Are Exaggerated

Corporate Profit Decline Headlines Are Exaggerated

ARE CORPORATIONS IN THE UNITED STATES STRUGGLING? In its cover article last week, The Economist (a British publication), suggested there is not enough competition among American companies. It pointed out: “Aggregate domestic profits are at near-record levels relative...

Weekly Perspective, December 24, 2012

The Markets The situation is fluid. As politicians scramble and we inch closer to the fiscal cliff day of reckoning, it’s important to keep one thing in mind: the big picture. While the cliff situation dominates the headlines. the underlying economy is quietly...