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Are U.S. companies penalised because they’re forced to report results each quarter? Investors basking in a nine-year bull run that is currently three times the size of the rest of the world’s aren’t so sure.
Flexibility and lower costs were the reasons given by President Donald Trump in ordering regulators to consider spacing out earnings reports to six months. In a market where $23 trillion of value has been created since 2009, some money managers wondered it if was a solution without a problem.
“The new reporting standard could potentially do the opposite of what it is supposed to,” said Bruce McCain,
