Company Specific Highlights & Insights:
ALXN, BKNG, BSX, CCI, CSX, DBD, EW, FLT, GILD, ILMN, ITRI, ITW, MSCI, NVDA, PANW, PII, SPGI, VRSK, ZG
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.