Weakening Profit Growth Could Squeeze Margins

As encouraging strong first quarter profit figures come in, investors should keep in mind that earnings of global companies in the S&P don’t necessarily reflect trends in the American economy, according to a recent Wall Street Journal article. The article points out that, on a global basis, year-over-year first quarter results look strong, but underscores the fact that the domestic picture is “more challenging, with revenue climbing slowly and rising labor costs threatening to bite… Read More