The Transcripts
Covid cases are dropping, vaccines are being administered and warmer weather is coming. Fatigued consumers are ready to return to normal. We especially miss traveling.
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The Transcripts
Succinct Summary: Effects of the weakening global growth can be seen in the hospitality industry where lodging demand has slowed. Fewer companies are intent on hiring or spending on hiring despite the tight labor market. Mortgage prepayments are rising given the lower rates. Further afield, Germany could be headed for a recession and the Chinese automobile industry is having a tough time.