earnings

If you look just at the specs, the iPhone 5 is no longer the best of breed smartphone. Plenty of other handsets measure up including the Samsung Galaxy S III and the new LG Optimus G. In fact, these phones have superior specs on nearly all…

A few hours ago I wrote a rather downbeat post on the prospects for the US economy that continued the thoughts from an article I wrote in the New York Times. A number of other sources have confirmed some of the logic behind that post since…

The fact that earnings are declining at US companies should not be a surprise given the decline I reported in earnings on the national income and product accounts for Q1. But now reported earnings are showing year-on-year declines for the…

I do have a lot of links though and here they are. The big issue is the economic slowing in the US and Europe. These articles demonstrate that the global slowdown is spreading beyond the eurozone periphery and is well entrenched in the US…

The US: autos Last month I wrote one daily on the auto sector’s effect on non-recession reading. The gist of that post was that the auto sector was positively influencing both production and employment, helping the US avoid outright…

I want to tie a few threads together regarding the synchronised global slowdown and the related drop in corporate earnings. US firms had been insulated on earnings due to not increasing staff and the global nature of their profiles. With…

Two years ago I developed a thesis about the negative effect of the Federal Reserve's interest rate policies on bank balance sheets based on my understanding about the history of zero rates in Japan. For bank bond investors, this should be…

Research in Motion, the Canadian company that makes Blackberry handsets has just turned in an abysmal quarter's earnings. Across the board, from the top line, to operating earnings, to the bottom line, and to unit sales, results were poor.…

Earlier in the year, I predicted that corporate profitability would fall as US corporate profit margins were cyclically high. The New York Times is reporting that corporate profits fell in Q1 2012 for the first time since the fourth quarter…

The link I want to highlight today is on the relationship between the slowdown in growth globally and US multinational earnings.