The Newsletter

The Transcript 12.14.20

December 14, 2020

Succinct Summary: Capital markets are ending 2020 with a bang thanks in part to last week’s hot IPOs. Business leaders are feeling confident about 2021 and expect next year’s earnings to exceed 2019’s. Consumer spending is similarly strong. Even the housing market is stronger than in ’05. It’s a K shaped recovery for some industries but a vaccine should unleash pent up demand and high unemployment means that interest rates will stay low for longer. Readers should keep an eye on growing supply chain bottlenecks. This could be a source of some inflationary pressure.

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The Newsletter

The Transcript 03.29.20

By Mokaya on

March 29, 2020

- The Newsletter

Succinct Summary: It is quite clear by now that we are in a recession. The hope is that this is a different kind of recession and that we will be out of it quickly. But that depends on the trajectory of containing the virus. The good news is that things in China look better after containing the virus.
Editor’s Request: This weekly newsletter is made possible by donations from our readers. If you like what you are reading and want to help us keep it going, click here to donate (Our suggested donation: $10 per month).