Note: This article is a co-production between The Macro Teller ("TMT"), moderator of Macro Trading Factory ("MTF"), and The Fortune Teller ("TFT"), moderator of Wheel of Fortune ("WoF").
Summary
Two weeks ago we took a preliminary look at the current earnings season and we came up with the following observation:
In short, the Q4/FY 2019 earnings season isn't too impressive, thus far. While we see companies "beating" when it comes to the top line (revenue), we also see companies coming short when it comes to the bottom line (net income).
That was before some of