Look, here’s the thing: Goldman has got something they need to get off their chest with regard to upcoming earnings results.

Normally, the bank’s “US Weekly Kickstart” notes are about “conversations they’re having with clients,” but this week’s iteration reads a bit more like “our projections for Q2 reporting season.”

What’s amusing about the bank’s Q2 earnings preview is that the themes are so self-evident/obvious to anyone who hasn’t been asleep for the entire quarter that there’s something disconcerting about the fact that this is what the bank is sending to institutional clients.

That is, read everything excerpted below and then try to imagine being an institutional investor and not already knowing all of it. If any of it surprises you, you probably shouldn’t even be allowed near your own money, let alone anyone else’s.

But, it’s Sunday and everyone likes a good earnings season preview. I’ll print it on the off chance anyone can extract some value from it.

Via Goldman