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Equities

Are US co. profit margins sustainable?

US companies have some defensible profitability advantages but elevated margin levels may be poised for a reversal of fortune. The tide appears to be turning on some of the secular trends that have supported high US profit margins.
FIS Santa Monica

Klinck: we don’t need any more product

The investment and pension industry has created too much complexity and added too many costs, and must move towards more simplicity, executive vice president and member of the management committee of State Street, Jack Klinck, told delegates in an opening address at the Fiduciary Investors Symposium in Santa Monica. Klinck observed four mega trends in […]