PK - Takeaways From Earnings Calls: A Modest Recovery Continues
Last week was also a little light in earnings calls and conferences but looking ahead, we see a deluge of earnings calls in the next few weeks as companies report Q2 earnings. The key takeaway this past week has been that there is a modest but fragile recovery underway in several hard-hit sectors. Let us examine this in detail.
A Modest Recovery
What we are seeing is a modest recovery as some parts of the world reopens. The sharp rebound as economies re-open has now turned into a slow recovery phase. Some sectors are also