Valens Equity Weekly Insights and Inflections for March 2, 2021
Company Specific Highlights & Insights:
BLL, DIS, FDX, GIS, IBM, KMI, MCD, MCHP, MKSI, MNST, PG, PPG, RAD, SAFM, SMSI, TTC, URI, WDC, WLK, ZBH
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 normal levels, signaling a more neutral view about investing when fundamentals are more normal.