Le billet of Monocle

Opening Of The Quarterly Ball

11 October 2021

The quarterly results ball will open in a few days.

Each company will publish its accounts and compare itself to the previous year to display its growth rate: a metric much awaited by investors. And since the beginning of the year, it was not too complicated to satisfy them: the figures were compared to those of 2020, which for the most part are very bad because of the pandemic.

Except that this time, the effect is fading. The restrictions during the summer of 2020 have been mostly lifted. So comparisons will be more difficult. And given current valuations, a slight disappointment can have a major impact on the stock price.

The first Wall Street stock to publish its accounts will be Netflix, on October 19. Topo: far fewer new subscribers in the last quarter, but stock price at the top.

Have a great week,



This presentation is a promotional document. The content of this document is communicated by and is the property of Monocle Asset Management. Monocle Asset Management is a portfolio management company approved by the Autorité des Marchés Financiers under number GP-20000040 and registered with the ORIAS as an insurance broker under number 10058146. No information contained in this document should be construed as having any contractual value. This document is produced for information purposes only. The prospects mentioned are subject to change and do not constitute a commitment or a guarantee. Access to the products and services presented here may be subject to restrictions for certain persons or countries. Tax treatment depends on individual circumstances. The fund mentioned in this document (Monocle Fund SICAV) is authorized for marketing in France and possibly in other countries where the law permits. Before making any investment, it is advisable to check whether the investor is legally entitled to subscribe to the fund. The risks, costs and recommended investment period of the funds presented are described in the KIDD (key investor information documents) and the prospectus, available free of charge from Monocle Asset Management and on the website. The KIDD must be given to the subscribers before the subscription. Past performances are not a reliable indicator of future performances. Monocle Asset Management cannot be held responsible for any decision taken or not taken on the basis of information contained in this document, nor for the use that could be made by a third party. The investor may lose all or part of the amount of capital invested, as the funds are not capital guaranteed.

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