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Valens Equity Weekly Insights and Inflections for April 13, 2021

April 13, 2021

Company Specific Highlights & Insights:
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Aggregate ECF™ Trend Analysis:

Management confidence showed a robust recovery in May through July after the pandemic-driven drop in management confidence earlier in 2020. The “green shoots” in May through July did moderate some through Q3, and are now only at more average levels, signaling a more neutral view about investing when fundamentals normalize.