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Valens Equity Weekly Insights and Inflections for January 19, 2021

January 19, 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 this year. The “green shoots” in May through July did moderate some through Q3; however, they remain at more bullish levels, signaling a willingness to invest when fundamentals are more normal.