Valens Equity Weekly Insights and Inflections for December 15, 2020

December 15, 2020

Company Specific Highlights & Insights:

Aggregate ECF™ Trend Analysis:

Management confidence showed a robust recovery in May through July after the pandemic-driven drop in management confidence earlier this year. However, the “green shoots” in May through July has reversed recently, implying that management are showing concerns about the persistency of the disruptions from the pandemic.