Asset Classes and Downturns: Beginner's guide to financial statement pt 95

As part of my financial's learning series from @morningstar @investopedia

MD&A (Management Discussion & Analysis of Financial Conditions and Result of operations). Provide a quarterly or annually narrative about the company's financial performance. It allows management to share their perspective on the financial statements, important trends, risk that have impacted or may shape the company's future.

Source : https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguide