In this episode, we discuss the musings from the Fed meeting last week, the challenged ad markets, and the state of energy markets in Europe Show Notes 00:00:00 Introduction 00:00:08 The Fed is Staying the Course 00:03:54 Europe is Weak 00:05:24 Mexico a Beneficiary of Reshoring 00:07:05 Weak Ad Spend 00:08:52 A Warm Welcome to the New Subscribers
In this episode, we are joined by Brad Freeman , author of the newsletter Stock Market Nerd , to discuss key takeaways from tech earnings. Show Notes 00:00:00 Introduction 00:00:43 Resilient consumer starting to get jittery 00:03:00 Some Weakness in Spending? 00:04:09 Meta Worries 00:09:19 Weaknesses in Cloud emerging as growth moderates 00:13:45 Weaknesses in Retail...
In this special episode (Episode 80), we host former hedge fund manager Marc Rubinstein to discuss the key takeaways from Banks' Q3 22 earnings calls. Marc is the author of Net Interest and writes for Bloomberg Opinion . He covers financial sector themes. We are also joined by Brian Gilmartin, CFA from Trinity Asset Management who writes the blog Fundamentalis....
In this episode, we discuss the deteriorating corporate confidence, the impact of the strong dollar on US earnings, and explore whether air travel has experienced a permanent structural change. We also preview tech earnings that flood in this week. Show Notes 00:00:00 Introduction 00:00:08 Declining Corporate Confidence 00:02:03 The Strong Dollar 00:04:16 Declining Ad Spend 00:05:06 Tech Earnings Week 00:06:52 The Fed Feeling the Pressure? 00:08:27 Opportunities in Europe 00:10:07 Permanent Stru...
In this special episode, we are joined by Jesse Felder to discuss the macro takeaways from our recent newsletters including the Fed's fight with inflation, the heightened recession risks, the distress in financial markets, and the early innings of a commodity super-cycle. Show Notes [00:00:00] Introduction [00:00:15] The Fed’s Hard Time with Inflation [00:02:46] Inflation Is a Choice [00:06:54] Recession Risks [00:10:36] When will Real Rates be Positive? [00:12:47] Declining Consumer Deposits [0...
In this episode, we discuss the signs that consumer spending may be softening, the hope that inflation may start to slow soon, and the signs of heavy stress in the financial system. We also preview the Q3 earnings season as banks kick off the season this Friday.
In this episode, we dissect the key takeaways from Jerome Powell's press conference last week, tackle the prevailing inflationary psychology, and check out a few developments in Electric Vehicles vs ICEs.
In this episode, we discuss the state of the consumer and consumer spending, the decline in FedEx volumes and what it means for the recession outlook, and why the big 3 in cloud will be hard to compete with. Show Notes 00:00:00 Introduction 00:00:12 Slowdown or Shifting Demand? 00:02:13 The State of the Consumer 00:05:34 Recession Watch 00:06:48 Energy Prices in Europe 00:08:39 Capital Intensity as a Moat 00:11:04 Frank Slootman, the straight Shooter...
In this episode, we discuss the focus of the Fed on fighting inflation until the job is done, the trends in e-commerce and how companies are trying to find the optimal WFH/WFO mix. Show Notes 00:00:00 Introduction 00:00:08 Until the Job is done 00:02:36 If we are in a recession, consumers don’t know it 00:03:04 Post-Pandemic Blues 00:07:57 Worried about Tiktok 00:10:28 What’s New at The Transcript
Welcome to Episode 73 of The Transcript Podcast where we discuss the key themes and takeaways from the Q2 2022 earnings calls . This is a special episode of a recording of a Twitter Spaces conversation we held on Wednesday, 31st August 2022 with our guests Sam Ro of Tker.co and Alex Morris of The Science of Hitting Show Notes 00:00:00 : Introduction 00:05:21: The Fed and Inflation 00:11:15: Trading Down of High-income Consumers 00:15:44: Retailers and Their Excess Inventory 00:20:31: Takeaways f...
In this episode, we discuss takeaways from Jackson Hole, the shifting spending patterns of high-income consumers, and the post-pandemic blues of some covid winners. Show Notes 00:00:00 Introduction 00:00:07 No Resting Until the Job is Done 00:02:44 Emerging Markets Feeling the Heat 00:03:29 Trading Down from High Income Consumers 00:06:30 Post-Pandemic Blues 00:09:14 Strong Year for Farmers 00:10:12 Takeaways from Sam Walton’s Made in America 00:11:19 Invitation to Twitter Spaces Tomorrow...
In this episode, we discuss key takeaways from the retailers' Q2 results, the implications of falling used car prices and how streaming companies are eyeing a piece of the live sports market. Show Notes 00:00:00 Introduction 00:01:30 A lot of conficting data 00:03:03 Retailers working through excess inventory 00:03:52 Consumer demand weak in certain markets and used car prices declining 00:05:25 Streaming companies venturing into live sports 00:08:10 Conclusion...
In this week's episode, we discuss key takeaways from the Fed press conference, how companies are preparing for a recession and the big tech earnings. Show Notes 00:00:00 Introduction 00:00:15 What is a Recession? 00:02:40 Debt markets are reeling 00:04:29 COVID-era trends are reversing 00:05:57 Some Early Recession Indicators 00:07:22 Meta: From Social to Interest Graphs 00:11:17 Conclusion
In this special episode, we host tech/semiconductors analyst Eric Jhonsa to discuss key takeaways from earnings for the semiconductor industry. Eric writes columns for Real Money and live-blog earnings at The Street and was previously at Seeking Alpha focusing on tech news coverage, and a writer for The Motley Fool. Show Notes 00:00:00 : Introduction 00:01:32: Mapping the industry 00:03:33: Semiconductors industry cycles 00:07:30: Key takeaways from this earnings season 00:11:21 : What to look o...
In this week's episode, we cover that CEOs not seeing a downturn as imminent from their data, the challenging ad environment for Snapchat, earnings not as bad as expected for Netflix, and look at the week ahead in tech earnings.
In the special episode, we host former hedge fund manager Marc Rubinstein to discuss the key takeaways from Banks' Q2 22 earnings calls. Marc is the author of Net Interest and writes for Bloomberg Opinion . He covers financial sector themes. Show Notes: 00:00:00 Introduction 00:01:30 What Happens During Earnings Season? 00:04:25 The US Banking Industry 00:07:16 Key Takeaways from Banks this Earnings Season 00:16:22 Rising Rates and The Banking Industry 00:18:44 Banking Sector Outlook for Q3 22 0...
Summary: This week's episode is all about key takeaways from banks' Q2 earnings, the state of the semiconductor industry, and Elon Musk vs Twitter
In this episode, we are joined by special guest Sam Ro to discuss key takeaways from our newsletter this week and to preview Q2 earnings season that starts this week,
In this episode, we discuss the fed call, whether demand is really softening and Facebook taking on Tiktok. Show Notes 00:00:00 Introduction 00:00:15 Demand Softening? 00:02:27 The Fed Call 00:04:30 Brakes on the Housing Market 00:06:20 A Lot of Talk about Oil 00:08:11 Facebook Takes on Tiktok 00:12:37 Conclusion
In this episode, we discuss takeaways from the Fed press conference last week, the slight uptick in delinquency rates, and the emerging opportunities in restructurings.
In this episode, we cover the strong inflation numbers, the fear that the strong consumer balance sheets might not hold for long, and the impact of declining valuations on employee motivations and retention.
In this week's episode, we discuss the recession fears amidst the strong consumer spending, the signs of moderation on housing, and our tweet that got a response from Mark Cuban.
Welcome to Episode 60 of The Transcript Podcast where we discuss the key themes and takeaways from the Q1 2022 earnings calls . This is a special episode of a recording of a Twitter Spaces conversation we held on Wednesday, 18th May with our guests: Sam Ro of Tker.co Alex Morris of The Science of Hitting Mostly Borrowed Ideas of MBI Deep Dives Show Notes 00:00:00 Introduction 00:07:18 Macro Perspective from the Earnings 00:17:27 Historical Context for the Current Market State 00:32:32 The inters...
In this episode, we cover the state of private markets and the tough times that retailers are having.
In this episode, we discuss the end of an era in markets as valuations decline steeply, the latest and planned fed hikes, and the situation in China as regards covid. Show Notes [00:00:00] Introduction [00:00:08] The End of an Era [00:04:15] The Fed willing to Take More Pain [00:07:27] Covid in China [00:09:34] TakeAways from Tech [00:11:20] Moderating Housing Situation [00:12:13] Conclusion
In this episode, we cover big tech earnings, observations on inflation peaking and the uptick in travel. Show Notes: 00:00:00: Introduction 00:00:10: Inflation is peaking 00:01:13: Travel is Bouncing Back 00:03:46: Consumer Responses to Price Increases 00:04:46: Facebook Facing HeadWinds 00:07:13: Google Doing Well 00:10:29: Buffett’s Musings
In this episode, the Fed's tightening trajectory amidst talk of a recession, the slowdown in venture capital investments, IPOs, and later-stage private investments in Q1, and Netflix's move to offer ad-based tiers. Show Notes: 00:00:00 Introduction 00:00:00 The Fed’s stance still incredibly dovish 00:03:39 VC investment, IPO, later stage investments slowed down 00:05:35 VC investment, IPO, later stage investments slowed down 00:10:27 Housing market at inflection point 00:12:11 Twitter goes priva...
In this episode, we discuss if the fed is out of touch in terms of inflation, AVOD vs SVOD in streaming, and reflections from Google's former CEO Eric Schmidt.
In this episode, we cover the rise in interest rates by the Fed, China's rising covid cases, and airlines projecting strong revenues on the back of strong travel demand. Show Notes: 00:00:00 Introduction 00:00:10 The Fed raised interest rates by 0.25% 00:03:33 Rising covid cases in China 00:04:28 Bank of Japan will not be raining interest rates 00:06:17 Travel demand surged after Omicron 00:09:17 ‘Skip intro’ on Netflix is a people’s favorite...
In this episode, we discuss the impact of the Russia-Ukraine war on inflation which has shifted from transitory to structural and the hints of a potential recession.
