Stand out themes and observations from reporting season

Stand out themes and observations from reporting season. Top line growth remains very elusive. While there is still profit growth coming from cost cutting, the runway is coming to an end and there seems little confidence in anything improving so investment plans are low. Market returns are being driven by interest rates alone. The other key theme was a lot of frustration at the political environment. Both state and federal pollies are keeping company CEOs awake at night. It's very difficult for them to make long-term plans when they have no idea who is going to be in charge. @sjohnson