Technology Sector Dominance in Q2 Data
The recent SEC filing update of quarterly financial statements is now 90% complete. The volume of SEC filings will now start to decrease in coming weeks giving us the chance to take a high-level view of the Q2 data and potential trends.Q2 2020 hedge fund letters, conferences and moreTop-Line WeaknessCorporate growth fell very broadly in the second quarter but not as steeply as we might have expected. Total market average sales growth fell to 5.7% (down from 7% last period and down 15% from the peak in the third quarter of 2018).Average sales growth downtrend continues. The proportion of market...