The Q2 earnings reporting cycle is underway with the peak of the season still to come. It will begin mid-July with the report from JPMorgan Chase & Company (NYSE: JPM), making now a good time to take a look at what to expect.
The primary takeaway from the Q2 cycle will be the tangible effect of trade relations and tariffs. The bulk of tariffs went into effect in April and June, so the impact will be substantial; the question is whether the market is pricing it in or expecting a worst-case scenario that won’t be realized.
