Townsquare Media has completed a successful transformation but remains undervalued

At this time of year, the corporate earnings season begins around the world. Listed companies take stock of how the first half of the year has gone, so it will be a good time to see the effect of the economic environment, which in this period has been marked by trade tensions and US tariffs, and all the collateral effects derived from them.

At the end of the second quarter of this year, it is safe to say that the financial markets have once again been operating with apparent normality.

The US administration has once again postponed the truce for the tariffs that expired on Wednesday, thus prolonging a situation of global concern that has not only consequences on the stock markets, but also on the real economy.