The latest Orange Book is out @theterminal!
The major macro themes from the latest earning season:
-Tariff refunds juicing earnings (may turn to headwinds next season)
-Half of S&P 500 companies mentioned some form of shortages (we identified those).
-Truck-driver shortages have raised freight rates, which in turn is driving up cost of moving physical goods
-the AI super investment cycle has left almost no parts of the economy untouched.
-US is going through a manufacturing boom.
Read the details on NI ORANGEBOOK <GO>
You shouldnโt be scared of failing.
You should be terrified of spending the rest of your life wondering what wouldโve happened if youโd taken the shot.