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Still Humming
While growth is cooling somewhat, America’s economic engine is indeed still humming
4 hrs ago • 
The Transcript
2
The Transcript Q3 2025 Letter
Reviewing the key themes from Q3 2025 through C-suite quotes
Oct 14 • 
The Transcript
12
1
Just a Blip
Hopefully, the US government shutdown is short-lived
Oct 6 • 
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10
Most Popular
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Soft Landing
Jan 16, 2024 • The Transcript
50
Likely Peak
Mar 27, 2024 • The Transcript
10
Game On?
Dec 18, 2023 • The Transcript
37
Challenging and Fluid
Nov 20, 2023 • The Transcript
28
The Transcript Q2 2025 Letter
Jul 7 • The Transcript
102
Calmer Now
Apr 17, 2023 • The Transcript
32
Doing Pretty Well
The American economy is doing pretty well at this time
Sep 29 • 
The Transcript
3
Lower Rates
Jerome Powell: I feel like our policy has been doing the right thing so far this year
Sep 23 • 
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8
The Anchor of Strength
The consumer is an anchor of strength in our current economy
Sep 15 • 
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7
Things are Going Fine
"There has been a gradual cooling in labor market conditions to levels similar to those that prevailed in the years prior to the pandemic."
Sep 8 • 
The Transcript
5
1
Winning the AI Race
Open source models may be critical to winning the future of AI
Sep 2 • 
The Transcript
13
Throwing a Bone
Powell: The shifting balance of risks may warrant adjusting our policy stance
Aug 25 • 
The Transcript
6
Some Uneasiness
Earnings commentary last week felt a little less rosy than other recent weeks
Aug 18 • 
The Transcript
6
The Transcript
The Transcript
At The Transcript, we read dozens of earnings call transcripts each week and take note of interesting and important quotes from management about the economy and industry trends. The best and most important quotes are compiled in The Transcript, our weekly
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