The profitability of cloud tensions and the G20 is heading south star-news.press/wp

The profit season appears to always wander with a frequency.

The news room is approaching every quarter with nervous energy, but this summer feels very high. The last market records in the United States and Europe, along with an unexpected economic environment, draw a complex image of the second half.

Everything starts on Tuesday with the American banking giant, where attention turns from the White House to Wall Street.

But US President Donald Trump’s policies are still looming on the horizon, as Goldman Sachs expected that US profits will begin to show the impact of definitions.

Economists at the Investment Bank see “conflicting messages about margin expectations” as companies have announced a modest increase in prices, despite the high costs related to high tariffs.

The profit growth is also scheduled to be subjected to pressure, as Goldman notes that “unanimity estimates between analysts believe that the S&P 500 Companies Grown-RESHERNING-SWORK-DEFERERERERIRING to 4 % this quarter for the same quarter last year-a decrease from 12 % in the first quarter.”

With the banks that control it next week – Jpmorganand Cityand Goldman Sachsand Morgan Stanley and Bank of America All of them make reports in just two days – Europe may have some optimism.

As Jenny Reed of CNBC mentioned, European banks have registered their best from the first half since 1997. The gains were driven by strong investment bank returns – which is likely to benefit their counterparts in the United States – as well as stock gatherings based on the speculation of the deal and actual bloody merger.

As a person who grew up in Cape Town, seeing the meetings of the G20 this year in South Africa makes me a pine of sunlight in the southern hemisphere.

The meeting next week in Derban between the finance ministers and the central bank rulers comes at an interesting time for the country.

An oval office meeting between South African President Cyril Ramavusa and Trump went A stunning wrong return in May, when the latter, is surrounded by the right man from South Africa (now the former), Elon Musk made false allegations of “white genocide”.

US Treasury Secretary Scott Pesin Take the meeting completelyChoose to go to Japan instead, according to Reuters. South Africa is also subject to a 30 % new tariff rate, and it is the only country in sub -Saharan Africa to be distinguished in the latest round of advertisements.

Do not herald a good meeting of the Group of Twenty, to be held in Gotting on November 22-23. It remains to see whether Trump will attend.

In May, Golf greats in South Africa – who traveled to the White House with Ramavusa – failed to beat Trump. But perhaps the temptation of some of the best courses in the world, along with South Africa, can witness a seasonal change in his mood towards the country later this year.