The Worst Is Over But Is Cash Trash?
From the peak in 2018, US Corporate average sales-growth has fallen from 13.5% to the current annual rate of 5.4%. Fifty percent of companies, accounting for 65% of market capital, are achieving an improvement in sales-growth. At the low point in the second quarter of last year, only 25% of companies, accounting for 40% of market capital, recorded an increase in sales-growth. [soros] Q4 2020 hedge fund letters, conferences and more This is a broadsales-growth improvement and illustrates that top-line sales-growth for large companies were better than small companies. Big Versus SmallOver this p...