MID-JULY is the time to reveal all of it. On the seaside, this entails swimwear that, au fait with the newest vogue, varies in skimpiness from excessive to disturbing. Within the boardroom, it consists of a ritual of company exhibitionism often known as the summer season earnings season. Outcomes from the second three months of the 12 months will trickle out over the subsequent few weeks. Again in April it regarded on the right track to be a distinctly terrible quarter. President Donald Trump had simply launched his commerce struggle, sending stockmarkets down and bond yields up. Backside strains have been imperilled by rising prices and slowing financial development. Assume strolling round in tiny Speedos makes you’re feeling bare? Attempt fielding analysts’ questions on plunging earnings on an earnings name.
