In this episode, we discuss the Fed's perspectives on inflation and interest rates vis-à-vis those of banks and other companies, the easing supply chain issues, and a bit about the metaverse. This episode is based on yesterday's transcript which can be found here . Show Notes: 00:00:00: Introduction 00:00:13: Fed acknowledges strong economy 00:01:09: Monetary policy remains accomodative 00:03:28: Labor market is tight 00:05:00: Bank CEOs want people back in offices 00:05:48: Employees expect mor...
Jun 22, 2021•12 min•Season 1Ep. 22
In this episode, we discuss whether inflation is transitory or not, trends in business travel and the housing market, and concerns about the resiliency of supply chains. 00:00:00 - Introduction 00:00:30 - Inflation is rising on all sides 00:04:05 - Europe is open for business 00:06:19 - Housing sales are cooling off 00:08:19 - Supply chains model is changing
Jun 15, 2021•11 min•Season 1Ep. 21
In this episode, we cover the projected 7% growth in the US economy, recovery in business travel, and the increasing gasoline consumption . The episode is based on yesterdays’ newsletter which is available on Substack .
Jun 08, 2021•9 min•Season 1Ep. 20
In this episode, we cover the booming US economy that is fueled by pent-up demand from reopening, the stickiness of the higher wages companies are seeing, and some thoughts on Cloudflare and cybersecurity.
Jun 02, 2021•6 min
In this episode, we cover the booming economy, the increased rates of ransomware attacks, and observations on travel in the US and in Europe.
May 25, 2021•12 min
In this episode, we cover the Transcript's move to our new home on substack, the palpable excitement about reopening, and Coinbase's moat Show notes: [00:00]: Introduction [00:15]: The Transcript is now on Substack! [02:26]: Games and group gatherings are back [03:13]: Gasoline demand is back [04:32]: Travel and work are evolving [05:36]: Malls are reopening [07:41]: Coinbase, an unappreciated moat [09:39]: Small businesses are upping advertising [11:43]: Much room for growth in the Cybersecurit...
May 18, 2021•13 min•Season 1Ep. 17
In this episode, we cover the strong reopening with sold-out concerts and huge pent up demand for travel and entertainment, the heightened talk about inflation in earnings calls and The Transcript's move to Substack
May 11, 2021•14 min•Season 1Ep. 16
In this episode of The Transcript Podcast , we cover continuing strength in the US economy, the high pent up demand for things like entertainment, and how companies are coping with chip shortages. Show Notes: 00:00 - Introduction 00:10 - Continuing strength in the US economy 00:49 - Inflationary and labor pressures 03:52 - Credit quality is high among consumers 05:25 - Big Tech still growing at startup pace 08:21 - Semiconductor shortage persists 10:12 - Nuggets from the Berkshire Annual Meeting...
May 04, 2021•12 min•Season 1Ep. 15
In this episode, we cover the increasing discussions around inflation in earnings calls, interesting quotes from Netflix Q1 earnings call, and how companies are responding to shortages in the semiconductor industry. Show Notes: 00:00 - Introduction 00:14 - The US is "Very, Very Strong" 01:30 - Many companies are discussing inflation 06:01 - Netflix still worth betting on 07:56 - Semiconductor demand and new dynamics 11:48 - Bubble-like behaviour in real estate 12:16 - Emerging markets are strugg...
Apr 27, 2021•14 min•Season 1Ep. 14
In this episode, we cover banks' earnings for Q1 2021, institutional investors' concerns on inflationary pressures, and the high expectations for robust growth in the second half of 2021 and 2022 as cities come back to life. The podcast is based on this week's newsletter which is available here .
Apr 20, 2021•15 min•Season 1Ep. 13
In this episode of The Transcript Podcast , we cover the opening euphoria in the US, the persistent shortages in the semiconductor industry, and our expectations for the earnings season ahead.
Apr 13, 2021•13 min•Season 1Ep. 12
In this week's episode, we cover how accelerated vaccination rate is driving up confidence among executives, the continued supply chain challenges causing inflation pressures and NFTs. This podcast is based on this week's newsletter which can be read here . The Transcript for this podcast can be found here . Show Notes: 00:00 - Introduction 00:25 - Life's normalizing in the US 01:45 - US is re-opening ahead of the rest of the world 03:29 - Supply chains are still tight 04:56 - What is the nature...
Mar 30, 2021•12 min
In this episode, we cover the positive developments in travel and bookings, institutional investor's concerns about inflation, and quantum computing featuring Honeywell. The podcast is based on this week's newsletter which you can find here . The Transcript for this podcast is available on our website. Show Notes: 00:00 - Introduction 00:15 - Are we heading into roaring 20s? 05:13 - There will be additional work-from-home post-pandemic than before 07:26 - There may be room for more new entrants ...
Mar 23, 2021•13 min•Season 1Ep. 10
In this episode, we cover the retailers posting very strong comps, the pain companies are facing with tight supply chains and congested ports, and the end of the era of the internal combustion engine. You can read this week's newsletter here . Show Notes 00:00 - Introduction 00:15 - The world is starting to normalize 01:19 - Retailers are posting very strong comps 02:40 - Some companies are raising the minimum wage 03:19 - Many people might still work from home post-COVID 04:39 - ARM architectur...
Mar 09, 2021•10 min
In this episode, we cover the latest from the travel and leisure industry, the economics of the food delivery market, and musings from the latest Berkshire Hathaway Annual Report. You can read this week’s newsletter here and get the full transcript of the podcast on our website . Show Notes 00:00 - Introduction 00:33 - High pent-up demand for travel vs limited supply 02:42 - People are enjoying living and working nomadically 04:17 - Views on office space demand post-pandemic 04:37 - Domino’s piz...
Mar 02, 2021•14 min•Season 1Ep. 8
In this episode, we cover the rising optimism that the second half of 2021 will be better, the high e-commerce ambitions of Walmart, and the new form of internet identification that is UID 2.0. You can read this week's newsletter here . Show Notes 00:00 - Introduction 00:20 - An accelerated return to normalization 01:01 - Business travel likely to normalize in 2022 02:33 - Prices in oil and gas could go up 04:51 - Software is the new language of business 05:45 - Cyberattacks are getting more sop...
Feb 23, 2021•14 min•Season 1Ep. 7
In this episode, we cover the semiconductor supply issues that automakers are facing , why policymakers don't seem bothered by rising inflation expectations and the reshuffling in the housing market. Show Notes 00:00 - Introduction 00:26 - Animal spirits in the capital markets 00:53 - The impact of semiconductor shortages on automakers 03:03 - Battery shortages for EVs in the future 03:59 - Policymakers not talking about inflation 06:44 - A lot of money available for SPACs and real estate 07:20 ...
Feb 16, 2021•13 min•Season 1Ep. 6
In this episode, we cover the supply chain constraints that many manufacturers are facing, the explosive growth in gaming, and the worries surrounding the impact of Apple's iOS 14 IDFA privacy changes. Show Notes: 00:00 – Introduction 00:40 – Industrial companies are reporting supply chain constraints 02:48 – Extraordinary demand in gaming 04:57 – More companies are moving towards renewable energy sources 08:12 – Amazon hired 500,000 employees during the pandemic 09:08 – Ad-dependent companies a...
Feb 09, 2021•12 min•Season 1Ep. 5
In this episode, we cover the market madness that prevailed in the past week, the pockets of inflationary pressures brought about by bottlenecks in the supply chain, and the record earnings from big tech that flew under the radar
Feb 02, 2021•15 min
In this episode, we cover the new US administration's intentions on stimulus and taxes, trends in telehealth, the proliferation of SPACs, and heightened margin trading by retail traders. Show Notes 00:00:00 - Introduction 00:00:23 - New president, more stimulus 00:00:50 - Signs of inflation? 00:02:56 - New covid-19 variants and vaccine development 00:07:53 - Trading levels are increasing despite bubble concerns 00:10:33 - Risks in SPACs 00:12:36 - Telehealth has decelerated a bit 00:14:07 - Pote...
Jan 26, 2021•17 min•Season 1Ep. 1
Welcome to Episode 2 of The Transcript Podcast . In this episode, we cover the roll out of vaccinations, the release of reserves by banks, and the heightened awareness by management teams on cybersecurity. This podcast highlights and discusses key thoughts, ideas, and themes we picked from our reading of transcripts from earnings calls.
Jan 19, 2021•14 min
Welcome to The Transcript Podcast where we highlight and discuss key thoughts, ideas, and themes we picked from our reading of transcripts from earnings calls. In this episode, we introduce this new project, explore key quotes from 2020, and examine what we are looking forward to in the upcoming earnings season.
Jan 12, 2021•12 min
