We have a repeat performance from the stupid media and apparently RV too. Calling Al Gore President Elect and now the same with Joe Biden shows they never learn. That's all I am saying. Joe Biden is no more president elect than Al Gore was 20 years ago. But we will see very soon who is president elect but right now we don't know. And the media's intent to influence the voters through this false narrative is irrelevant. The direction will be given by the SCOTUS. Not CNN or RV for that matter.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

McConnell won't 'come to the table in good faith.' Interesting Ed will call that out but when Pelosi does the same thing for months it goes without mention. Ed put your bias in lockdown.

Just to be clear. The press does not determine who is president elect. That happens when the electoral college meets and comes out with the winner.....normally 270 votes. Currently Trump has more electoral votes than Biden in the undisputed states. There are still 6 states under litigation. This will likely be going to the SCOTUS. So we need to resolve these legal issue before we know who is president elect. Of course you know all this and apparently want to sweep all the now well documented voter fraud under the rug. I am very disappointed in RV for continuing to push this false narrative.

All the comments say the exact same thing, which is BS. Who is paying for these exact comments?

Glad to see Ash back at the helm of RVDB!

It would be good to hear from Raoul on his bullish USD position, negative banks and industrials, euro etc etc or perhaps he is just interested in being a BTC whale now!

I know of someone who felt ill and went to the doctor. He tested positive for cv19. Whether or not his PCR test was nonsense is a separate matter, but it was positive. So we'll say he had it. Doctor offered to admit him, but he declined. He stayed home for a few days, got over it and now he's fine. The defensive medicine problem pre-dates cv19 by decades. Had the doctor not offered to admit and the guy died, his family would own the malpractice insurance company. It's not that the doctors are political, incompetent, bad people, yada yada. They are smart, good, people but they simply have to follow the standard of care or they get sued and lose their license. Anytime you see a doctor, try to speak off the record if you want sound advice. If at all possible, do your own research. Otherwise, you'll get the standard of care which is probably not in your best interest.

FINALLY, somebody actually came right out and called 'bullshit' on this market. Thanks Ed.

We couldn't handle 3% yields in 2018. Not sure why we think we can handle even 2% yields in 2020 without the system collapsing.

I work as an ER nurse and I can tell you that some primary care physicians send patients to the ER however we evaluate them if they are holding their oxygen saturation then we send them home. The patients being hospitalized are the very sick ones. Some of these patients can turn around and be discharged in a few days but others need to stay weeks. It has become very difficult to transfer patients from smaller hospitals to higher level of care hospital because they are full. It is overwhelming at times! Melanie

Regarding Hospitalizations : There have been media reports claiming a gaming of the system and a belief that this is inflating the COIVD hospitalization numbers. https://www.usatoday.com/story/news/factcheck/2020/04/24/fact-check-medicare-hospitals-paid-more-covid-19-patients-coronavirus/3000638001/ I wonder if it is having any impact on self imposed consumer lock down behaviors.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

The only way the Senate will provide a proportional COVID relief package is if the Republican base applies pressure. IMO both the Republican base and the Democratic base know they are in dire need now and even more so through the spring. In the past the Republican base listened to their leaders on the best course for the Republican Party - reelection. If the Republican base can be convinced it is worth the pain of a scorched earth policy for the benefit of the Republican Party, do not expect much in the way of a COVID relief package. Do expect a flow reversal in the stock markets. DLS

Ash or "Cash," needs to take a page from Max's interviews. He needs to add more value and not just feed softballs to Ed and compliment him on every utterance. Ed does a good job, but this show has deteriorated into Pablum.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

That was a superb daily briefing thank you very much for the detailed evaluation of the markets.

Tennessee is looking to call in the National Guard to help staff hospitals. Agree with Ash and Ed, hospitals aren't filling their beds for insurance/political/make money reasons. A number of states are facing a real crisis when it comes to their healthcare capacity.

You guys do such a great service to those of us with less experience in the financial world. I very much value both your perspectives, especially on a daily basis over time. The market inspired cognitive dissonance we all sense and Ed calls "bullshit" (thanks for the validation) needs to be managed by us to prevent emotional disequilibrium in how we view things. I do this by reminding myself that all people think in multidimensional spaces. They think using pattern matching philosophies, while other think using first principle methodologies. Some have professional motivations, others simply are too distressed and overwhelmed to do any of their own thinking at all. We all think and plan over various time frames, with differing experiences and with various fluid agendas. The dimensions I listed barely scratch the surface of how we all think and process market, covid and/or political information. Using liquidity, momentum and sentiment as abstract explanations for why markets continue to be bullish is most accurate, but also oversimplify what is going on. The world, the market, our economy, our immune systems and many other complex systems according to complexity theory are striving to find the perfect balance of chaos vs order. In finance we think of the very often seen truth of mean reversion, but it is more basic to the universe that to much order leads to chaos and to much chaos leads to order. What goes up must come down, we all have grown up with intuitive lessons regarding this fundamental part of life. In applying this to my own investing/trading I have to be very careful to not allow my own intrinsic order to inspire me to fight the extrinsic disorder I see day after day. I must be patient and know, as certain as the laws of physics that things will eventually shift. If markets can be irrational longer than I can be solvent is a recipe for bankruptcy, the opposite must be true as well. If I act responsibly I can remain solvent in an investment longer than the market can be irrational. 401k retirement passive investors (average workers) do this all the time by simply ignoring the money they invest and holding things for a very long time.

It's Wednesday? Dec 4th! Ash, you're losing it

Ashy 'Cash' Bennington all over it. Ed.. Ashley Cole was a left-back stick to bonds mate. I know it's not within the remit of the DB but I wouldn't mind (generally) seeing a bit of speculation about potential risks associated with bitcoin. I'm chill but black swans tend to find a way in my experience. Cheers lads.

It’s Wednesday, Dec 4th!?

Cash Printington might be an even better moniker. Thanks for another great RVDB. I appreciate it when you put up the charts.

Ed m, great insight. Thank You.

I always think Ash has taken over from Walter Cronkite https://www.youtube.com/watch?v=G5tdqojA26E . The most dramatic introductions are when he starts with "It's Friday, December fourth. This is the Real Vision Daily Briefing."

ITS BULLSHIT.THERE IS NO GOOD NEWS.ES SHOULD BE ABOUT 2000

It was refreshing to hear some negative commentary about the extreme sentiment in the markets from Ed and Ash. I was beginning to believe that only positive comments were allowed on the RVDB. It is hard to fathom how an economy that has been supported by the Fed for so many years already can be viewed as even close to healthy. That markets rise on bad economic news because oh boy we get more stimulus is not even remotely a good sign for the current period and especially in the longer term.

Oh...."unbridled bullishness" at 2X it sounds like "unbridled bullsh*t"

Can you imagine the jobs creation at the end of it, if the numbers are already good?