The Transcript

The Transcript

The Transcript Editor's Commentary

Themes from our newsletter

Scott Krisiloff's avatar
Scott Krisiloff
Oct 24, 2024
∙ Paid

Our Editor’s Commentary is now available only to premium subscribers. Please subscribe to support our work!

-Scott

Share The Transcript


The Fun Part of the Cycle

More banks reported earnings last week, and it was apparent from those earnings calls that financial institution CEOs are becoming increasingly optimistic about the economy’s trajectory.

Morgan Stanley’s CFO remarked, “Needless to say the markets are improving.” Blackstone’s Steve Schwarzman said, “We believe we're now advancing towards the stage in the cycle, it is always the most fun.”

User's avatar

Continue reading this post for free, courtesy of The Transcript.

Or purchase a paid subscription.
© 2026 The Transcript · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture