The Transcript 11.23.20

posted in: The Transcript | 0
Succinct Summary: Retailers reported strong quarters last week showing that the US consumer remains resilient despite high unemployment.  A new wave of Covid could slow the economy back down but vaccines are almost here.  It will be interesting to see what behaviors have been permanently altered by the pandemic and which ones will return to the way that they were.  Business travel is one thing that may be permanently changed. Editor's Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading, click here to donate (Our suggested donation: $10 per month). Help us keep The Transcript going.

The Transcript 11.16.20

posted in: The Transcript | 0
Succinct Summary: Pfizer announced that its vaccine is 90% effective and that gave a boost to market confidence. The vaccine could be great news for the industry and great news for society. Pfizer says that it will have over 1B doses ready next year. The vaccine could lead to some reflationary outcomes. Editor's Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading, click here to donate (Our suggested donation: $10 per month). Help us keep The Transcript going.

The Transcript 09.14.20

posted in: The Transcript | 0
Succinct Summary: The first few weeks of September are usually filled with conferences where companies talk about long term industry trends.  This year it's hard to look long term because things have been moving so fast.  Still, the Covid rush seems to have calmed down some and the US is getting comfortable with a new normal.  The big question on people's minds: do we ever get back to the old normal?

The Transcript 08.10.20

posted in: The Transcript | 0
Succinct Summary: Many companies and individuals have been hard hit by the pandemic and are having a tough time. All eyes are on another stimulus package to try to cushion them. Worryingly, cases are rising worldwide even in areas that were thought to have contained the virus. The picture from July and early August is one of a mixed and uneven recovery. Editor's Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading, click here to donate (Our suggested donation: $10 per month). Help us keep The Transcript going.  

The Transcript 05.11.20

posted in: The Transcript | 0
Succinct Summary: Companies are reporting signs of improvement in the economy. But the rebound is coming off such a low base that these numbers would still be considered very bad in any other environment. The duration of this rebound will depend heavily on whether or not there's a second wave of infections. Still, even without the virus it probably will take the economy a long time to recover from such a severe shock.  On an industry basis: private capital markets are searching for price levels; consumers are dreaming of the future; tech is chugging along; and the industrial/energy economy is feeling immense pain. Editor's Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading, click here to donate (Our suggested donation: $10 per month). Help us keep The Transcript going.