ExpandGrowth ModeHistorical (simulated)
What the operating posture was in 2020
This year, operate in Growth Mode mode: commit to growth investments, scale core winners, and maintain payback discipline. Capital is cheap and risk appetite is healthy. Move quickly to capture share.
Standing guidance: commit to growth investments, scale core winners, and maintain payback discipline
Closed period ending Dec 31, 2020. This record does not change.
Operating constraints that applied
- Prioritize speed and distribution over polish.
- Accept controlled waste to win market share.
- Invest ahead of demand where signals are strong.
How the period actually split
Derived from 53 weekly readings inside 2020.
- Expand79% · 42 of 53
- Guarded Expand21% · 11 of 53
Posture changes inside 2020
- Jan 17, 2020Expand → Guarded Expand
- Feb 28, 2020Guarded Expand → Expand
- Mar 6, 2020Expand → Guarded Expand
- Mar 13, 2020Guarded Expand → Expand
- Apr 10, 2020Expand → Guarded Expand
- Apr 17, 2020Guarded Expand → Expand
- Jul 3, 2020Expand → Guarded Expand
- Jul 10, 2020Guarded Expand → Expand
- Dec 25, 2020Expand → Guarded Expand
Signals of record
- Policy base rate (1M)0.08%
- US Treasury 2Y0.13%
- US Treasury 10Y0.93%
- Yield curve slope (10Y - 2Y)0.80%
Source: US Treasury Daily Treasury Yield Curve Rates (via FRED) · View series
Quarter by quarter
- Q1 2020 — Expandscale the strongest plays, invest in growth engines, and keep payback discipline steady
- Q2 2020 — Expandscale the strongest plays, invest in growth engines, and keep payback discipline steady
- Q3 2020 — Expandscale the strongest plays, invest in growth engines, and keep payback discipline steady
- Q4 2020 — Expandscale the strongest plays, invest in growth engines, and keep payback discipline steady
Browse another year
What is the posture now?
2020 is a closed record. The current call, what to do this week, and what would flip it live on the weekly brief.
Open this week's brief