The Transcripts

The Transcript 01.18.20

January 18, 2021

Succinct Summary: Vaccinations are happening around the US and the world. It’s been a little slower than hoped but that may be because of the logistical challenges of administering vaccines at long-term care facilities. We are on the cusp of mass dissemination, and there should be enough capacity to make sure that the population is vaccinated quickly. We’ve lost a year of our lives to COVID but the finish line is (hopefully) in sight. Vaccination should unleash a huge amount of pent up demand. Banks, which started to report this week, have showed that credit performance metrics have been better than anyone dreamed possible in March of 2020. They’re releasing reserves and preparing to return capital to shareholders. Tech spend is also booming.

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The Transcripts

The Transcript 08.31.20

By Mokaya on

August 31, 2020

- The Transcripts

Succinct Summary: The last week of summer before labor day is usually one of the slowest weeks of the year but this year it feels like things are moving at an incredibly fast pace. Companies are looking to the future and beginning to permanently rationalize their cost structure. Business travel budgets are likely to be cut for a long time. Temporary layoffs are also becoming permanent. In the near term economic activity is still very strong though. We’re seeing a terrific end of the summer. And the Fed is hoping it stays that way in the fall.

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