In the Phillips & Company 2014 Q2 Look Ahead, I noted that while year-over-year earnings per share (EPS) growth was strong in 2013 Q4, most of it came from margin expansion as opposed to revenue growth.[i] Companies grew profits mainly by controlling expenses.… More >>
Another tax season is over, making this an excellent time to examine the size of the tax bite that you sustained and to consider strategies to reduce your taxes for coming year. The 2013 tax year included two changes that may have increased your taxes: a 39.6% marginal… More >>
I'm not referring to tremors or seismic events in the title. US and Global equity markets added some significant volatility this week in light of a weaker than expected start to the earnings season.[i]
Volatility is up with only a few companies reporting… More >>
The US jobs report on Friday was only exceptional in one regard. It wasn't the 192k jobs added in March to the US economy. It wasn't the paltry 1k manufacturing jobs created.
What was exceptional was the fact that we have now recovered all of the jobs lost during the… More >>