U.S: Top-line growth to resume in Q3

Market Watch With Q2 earnings essentially all in, investors are already turning their attention to the third quarter. The much-better-than-expected Q2 earnings came on the back of substantial cost cutting. With cost-cutting pushed to the limit – productivity surged 6.6% during in Q2 – we expect the focus of attention will turn to revenue growth in Q3. The news is constructive so far this quarter. The just-released ISM index for business activity in the non-manufacturing rose to 51.3 in August,