Interesting to see that there are few profit warnings so far, excluding the consumer oriented sectors.
While the Macquarie conference is usually the confession time, when companies give updates on their businesses.
The other element which is quite surprising is that we know that there has been a quite high level of bankruptcies* (highest level in 25 years).
Not obvious to reconcile this with the good results for B2B companies.
* driven by construction and hospitality sectors.
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Interesting to see that there are few profit warnings so far,...
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