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Trucking Industry Challenges Call | KNX, ODFL, SNDR, SAIA, FDX, UPS, NSC, UNP Learn More
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Data and process focused call with Craig Fuller, the CEO and Founder of FreightWaves. Craig has flagged key indicators for the Trucking industry that portend deepening margin and pricing pressures...

CALL REPLAY | HOTEL C-CORPS & MAR (SHORT) – NUG’S KRYPTONITE Learn More
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The hotel C-Corp stocks have been among the best performers in GLL since Covid and over the last year. Join us as we dive into a great detail on the hotel C-Corp business model and stocks to determine what's around the corner

CALL REPLAY | CRUISERS – CRITICAL WAVE ASSESSMENT Learn More
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Given leisure travel trends and land based resort ADR performance over the past year, the opportunity is there for the cruise lines in their first year of recovery. Are they making progress? Tune in and find out.

DE, LNN, CAT, XYL, PNR, IR | Machinery Black Book Learn More
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We will move DE up to our Top Short, with ample data pointing to excessive optimism in this deep cyclical. For Machinery more broadly, higher rates, tightening credit, and falling capacity utilization spell the end of the...

CALL REPLAYS | ONLINE TRAVEL DEEP DIVE SERIES (PART 1 & 2) Learn More
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In Part 2, we plan to do a full tear down at the company level and dive into our existing ideas and biases, and really stress test where we’re at with BKNG, ABNB, EXPE, and TRIP. Join to watch our wrap on this topic.

STLD, NUE, CMC | Adding NUE, STLD As Best Ideas Shorts | No, It's Not Different This Time Learn More
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Globally, the world produces about 1,900 million mt of steel. Ukraine’s pre-war exports were typically than 1% of the total, a deficit to which markets can adjust with time and EU subsidies. Russia has continued to ...

STLD, NUE, CMC | Adding NUE, STLD As Best Ideas Shorts | No, It’s Not Different This Time Learn More
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We will move DE up to our Top Short, with ample data pointing to excessive optimism in this deep cyclical. For Machinery more broadly, higher rates, tightening credit, and falling capacity utilization spell the end of the...

CALL REPLAY | ONLINE TRAVEL DEEP DIVE (PART 1) Learn More
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A lot of questions linger around the travel industry at a crucial time. Will leisure travel continue to prove resilient in the face of consumer headwinds and a potentially deteriorating macro environment? Tune in.

FDX, CHRW, ODFL, LSTR, SAIA, UPS, NSC, UNP, KNX | Transport Positioning Learn More
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While earnings at truckload carriers in 2H22 declined more than for the average Industrial sector constituent, the share prices have remained firm and often near all-time highs. Transportation data have deteriorated into ...

1Q 2023 Industrials Themes Mid-Quarter Update | Bear Despair Or Hope Springs Eternal? Learn More
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The ‘higher for longer’ dynamic is, for the most part, short-term positive for cyclical relative outperformance. On a market relative performance basis, cyclicals follow Fed tightening up and follow Fed easing back down...

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