February’s publication summarizes four articles that discuss the outlook for U.S. profit margins in 2011.

• “Record S&P 500 EPS for 2011: 12-Month S&P Target Now 1,400,” by David Bianco, Bank of America Merrill Lynch, December 2, 2010.
• “The Coming Flattening in U.S. Profit Margins,” by Richard Berner, Morgan Stanley, January 14, 2011.
• “Easy Money, Hard Market,” December 3, 2010, and “We Expect Margins Will Hit a New High,” January 18, 2011, by David J. Kostin, Goldman Sachs.