Daily Briefing – April 7, 2020

Published on
April 7th, 2020
Duration
31 minutes


Daily Briefing – April 7, 2020

Daily Briefing ·
Featuring Nick Correa, Ash Bennington, and Ed Harrison

Published on: April 7th, 2020 • Duration: 31 minutes

Real Vision's Ash Bennington and Ed Harrison unpack the seemingly widening gulf between macroeconomic events and price action in markets. In this episode, they discuss the impact of coronavirus on the global labor market, loan forbearance, the potential for dislocations in the credit markets, and the most recent medical developments on the ground.

Comments

Transcript

  • JB
    Johan B.
    8 April 2020 @ 20:59
    Ed, You have missunderstood the swedish stats. The curve in Stockholm is flattening. The death numbers were lagging so the 149 number was over several days. The death count is actually around 50 now per day.
    • wj
      wiktor j.
      8 April 2020 @ 21:58
      wait a few days the numbers will skyrocket. You have ½ of elders in elder homes in Stockholm infected, you have ½ of most nurses and doctors infected in many hospitals, i heard in some regions patients are told to go home and they can get morfin for treatment. The gov in Sweden is good in telling stories. What the gov did do is double the pay of nurses and doctors. But they get to work with short sleeves and no masks. I know a few nurses and doctors in Sweden and have spoken with them.
    • JB
      Johan B.
      9 April 2020 @ 05:53
      Agree, we will see in a couple of days if Sweden is worse than others. But its wrong to say that the stats is telling us today that we are worse of.
    • JB
      Johan B.
      9 April 2020 @ 06:05
      Regarding your other ”Facts” they are extremely exaggerated. 1/3 of the eldery homes in Stockholm has one or more infected. Not 1/2 of the eldery in Sweden.... in the News one section in a local hospital had a Corona patient without knowing. They tested everyone in the staff (50 persons) and half of them were infected. Not half of Swedens nurses and doctors.... there is a debate on sufficient protective gear yes.
  • PK
    Prafulla K.
    8 April 2020 @ 20:58
    Please do it after close
  • LS
    Lemony S.
    7 April 2020 @ 22:33
    There is no concern for the Swedish model, Ash. You both have a fundamental misunderstanding of this virus as a respiratory illness. There is still no excess mortality compared to previous years, yes even in Italy, and that is what is most important. Where the Swedish will shine (and where you if you remain unwilling to consider other explanations rather than the central planners) will be that they will have herd immunity, or have reached it now, and it will NOT come back to them in the Fall. If you do not let your youth to middle aged healthy people out and get immune, you will have a second wave in the Fall. Those of us who talked about how ridiculous the models were (if you are honest they have been wrong 3 times already, first 2 million, then 500k, then 100k, now = FLU season, just as we have said) know that the entire narrative and explanation is INCORRECT. I am telling you now what has and what will happen. Flu is a yearly pandemic. This is just another, similar respiratory illness that can be particularly transmitted in the worst of situations (NYC) but not where people are outside and living normally, as they should. It will not "hit home" for these reasons, any more than any other flu season will hit home. You keep saying that, but it's just not the case, Ash.
    • MP
      Mark P.
      7 April 2020 @ 23:11
      You seem to overlook the primary rationale for the draconian lockdowns, namely to reduce overwhelming the medical system and driving the potential 1% case fatality rate up ten fold. Other than that, your general understanding of the eventual need for herd immunity ( in the absence of effective vaccines or medications) is correct. Dr Mark, Napa, Ca
    • LS
      Lemony S.
      8 April 2020 @ 20:46
      I understand that, but we don't do that for flu and many of our systems are stretched thin in those times, but very little media coverage or shutdown of the entire economy ever happened before. The question is, what gives here? The case fatality rate is nowhere near predicted, everyone has already been wrong 5 times now. What's more, no one will ever admit they were wrong and say something like "Yeah, sorry we ruined the economy. My bad. I'll try not to do that again." LOL
  • BJ
    Brandon J.
    8 April 2020 @ 18:00
    This bear market rally is following past patterns of other meltdowns. The rebound is often half or two thirds of the initial loss. So a run up to around 2,800 or 3,000 on the S&P would just be following history. Lots of people with reserves from a 10+ year rally and high personal savings rate buying just on the COVID-19 headlines which have been pretty fantastic for the last week compared to earlier projections. As the market rises it just fuels the FOMO and they buy more. But each lower high steals a little money until the headline chasers run out of reserves. There is a very heavy short side to this equation that is acting like gravity. Once the headline chasers run out of reserves and the analysts take the lead you will see the flip. Has taken multiple months in the past to get there, but this meltdown has been very compressed relative to past events.
    • LS
      Lemony S.
      8 April 2020 @ 20:43
      SPOT ON. You nailed it. I'll be there too when it is time, within the next 6 weeks, my best guess.
  • pk
    philip k.
    8 April 2020 @ 18:15
    4pm indeed guys
  • MI
    Madhu I.
    8 April 2020 @ 17:51
    these daily briefings are so worth a watch. watching pros looking at the issues at hand is worth every penny.
  • BI
    Brett I.
    8 April 2020 @ 16:12
    Would like to get an understanding of what the RV team thinks is making the market rally when all the signs are dire and every commentator is saying there is likely going to be another drop. Microsoft is nearly at Feb 2020 prices. Sure they will weather the storm, but there are 10M+ more unemployed than there were in Feb. The Feb price didn’t factor that in. Here in the UK, a large supermarket chain has to run its tills at 50% capacity for social distancing. Yes, people always need food, but they are running sub 50% with the same overheads and their share price is at Dec 2019 levels.
  • CP
    CRAIG P.
    8 April 2020 @ 13:48
    Ed, Third time trying to post. Milton finally suggested just using a browser and not the phone app. 1. Please put the clock back behind you. It provides context to what you are saying vis-a-vis possible breaking news after recording. 2 Film after market close. 3. In future episodes, please describe your thoughts on the impact on "investment grade" BBBs going "over the cliff" on funds shorting HYG (like SJB). 4. Can you see about improving your recording from home. A few times each session you freeze, not only your handsome face [lol :) ], but more importantly your voice. Are things like hard wiring your PC, moving it closer to the router, factoring in (2.4 vs 5) speed versus strength a possibility? I'll give the maestro Raoul a pass from Little Cayman. But "Little DC"? :)
    • RT
      Rob T.
      8 April 2020 @ 15:47
      Like the clock idea
  • SG
    Sandy G.
    8 April 2020 @ 15:31
    Yes, waiting until the market closes is better. For example, on this episode the market faded 900 point Dow gain and this may have changed your analysis/interpretation of the market action. Nonetheless, I really enjoy Real Vision and these daily briefings. Keep up the good work.
  • MS
    Michael S.
    8 April 2020 @ 15:25
    Your comments about recording after the close, it is almost like Ed had a feeling something was up.
  • JM
    Justin M.
    8 April 2020 @ 15:24
    I'm a fan of the suggestion to do this recording at/closer to Market close.
  • JA
    Jay A.
    8 April 2020 @ 15:19
    I think these D Briefings would be better if done after the close. Thanks Jay
  • DG
    Daan G.
    8 April 2020 @ 15:13
    After the close, please! :)
  • js
    j s.
    8 April 2020 @ 15:13
    These guys are going to feel pretty stupid when the FED buys everything and we're at new highs in two months.
  • JD
    John D.
    8 April 2020 @ 14:45
    Audio on Ed's end is pretty awful.
  • AS
    Ananth S.
    8 April 2020 @ 14:17
    Definitely after the close makes it more valuable. It is Daily Briefing after all not Mid Day Briefing
  • MJ
    Matthew J.
    8 April 2020 @ 13:03
    Doing after close makes sense
  • SS
    Sean S.
    8 April 2020 @ 12:58
    Taiwan is best COVID response globally on all measures - very ignored in most analysis.
  • RS
    Riki S.
    7 April 2020 @ 23:08
    Guys - just a thought. When you talk about the risks associated with companies being potentially downgraded to Junk, it might make sense to elaborate on what this means in terms of the risk that then creates in the market. For instance, does it mean certain index funds will liquidate their holdings in these downgraded or potentially future downgraded assets and then what does that look like from a total market % risk perspective if scenario a or b, etc takes place... the future curve. Potentially provides a little more context for some of the less sophisticated viewers and something more tangible when looking at investment decisions.
    • CP
      CRAIG P.
      8 April 2020 @ 11:38
      Addendum: Add your thoughts on the knock-on effects of a Short High Yield ETF like SJB.
  • BF
    Bret F.
    8 April 2020 @ 11:27
    Great info, Raoul already thinks Advertisers are in big trouble. Getting on Google,FB etc. is becoming unbearable with pop ups, fake crap. just junk . its like AOL 25 years ago
  • DH
    David H.
    8 April 2020 @ 11:14
    There is nothing magic about the exact market close. But to wait till late in the day makes it less useful to me.
  • TM
    Timothy M.
    8 April 2020 @ 10:59
    Firstly, I'm finding these daily briefings useful - thanks! Keep up the good work! However, as suggested, please produce them after the close if you can. The close can completely change the day (as it did in this instance), so producing the show earlier effectively makes it a day behind current events.
  • JB
    Johan B.
    8 April 2020 @ 10:40
    ED: you rank Sweden as the country with one of the worst strategies to handle the Corona crisis. Perhaps you should not believe what Donald is telling you. US is suffering much worse than Sweden. What happens when NZ opens up again and they have not obtained any imunity? The jury is still out to there to decide which is the best strategy in the end. As a swede I might be biased but i still think that our strategy could turn out to be wise in the end.
  • MG
    Michael G.
    8 April 2020 @ 10:13
    Feed back: I'm in Germany and while the current time has been good ie. before it gets too late at night, after the close would be better. Still heaps of time to listen before the Dax opens in the morning. Für Ed - Die Präsentationen waren großartig! Mach weiter so. Ein großes Lob an alle bei Real Vision.
  • LP
    Lauri P.
    8 April 2020 @ 10:10
    Another vote for after close.
  • JF
    Jordan F.
    8 April 2020 @ 09:51
    Agree that shift to after the bell would be ideal. Thanks as always gents.
  • NR
    Nicolas R.
    8 April 2020 @ 09:20
    I think the fund is IGEB - iShares Edge IG Corporate Bind fund
  • RY
    Roy Y.
    8 April 2020 @ 09:14
    Feed back: after close would be better ... Still a great show, however, ...
  • db
    david b.
    8 April 2020 @ 08:50
    after market close would be better.
  • UJ
    Ulf J.
    8 April 2020 @ 08:08
    Mortality monitoring in Europe... Welcome to the EuroMOMO website. We publish weekly bulletins of the all-cause mortality levels in up to 24 European countries or regions of countries. The weekly bulletin is published every Thursday around noon. Interesting if it is facts no more deaths so far in many countries compared to ten years back, but I guess there is a lag in reporting. As always do not completely trust statistics. https://www.euromomo.eu/
  • RN
    Robert N.
    8 April 2020 @ 08:07
    Is having "The Book of Common Prayer" on the mantelpiece behind Ed intended to give us a subliminal message?
  • UJ
    Ulf J.
    8 April 2020 @ 07:52
    Will, the countries with low cases of Covid 19, get a much higher death toll if a second wave hit too early, a second lockdown is it possible? Nordea Bank CEO said today in a Swedish newspaper we can’t take the lockdown any longer. A Swedish hospital tested the hospital personal in intensive care without symptoms and, 50% tested positive and was sent home. That is both a bad thing and great, so many are sick without even notice it, but it also explains why so many are infected. The market and economy will go down. People will get hurt.
  • CD
    Chris D.
    8 April 2020 @ 07:46
    Please can you do these after market close, as a lot often happens in the last hour of the market open. Many thanks - love what you are doing!
  • DS
    David S.
    8 April 2020 @ 05:45
    We all know that it is impossible to tell how and when this pandemic and economic collapse will end. There are two ways the pandemic CAN be controlled. Firstly, we must find much better medications and procedures to tame the COVID-19 to be more like regular flu. We need to interfere with the progression of the disease where hospitalization is not the norm. Everyone is working hard on this. The second step is finding a vaccine. Everyone is working hard on this also. Without these two developments I fear the medical and economic ramifications will be with us for at least 18 months as we continue to recycle the COVID-19 all over the world. New Zealand is doing the best initial job, but they will have to continue for much longer than 14 days. In addition, they will have to quickly test everyone coming in the country with something like the new Abbott Labs test to keep a new wave of COVID-19 from re-infecting the country. This is just common sense looking at the world as it is. The world economies will just have to react as best as they can. It is time to look forward and stop trying to blame everyone else for missteps. It is time to focus on the problems. This is just common sense looking at the world as it is. It is my hope, of course, that we can tame COVID-19 to be more like a regular flu and we can find a vaccine asap. DLS
    • RS
      Riki S.
      8 April 2020 @ 07:30
      The acute factor in this pandemic, is the ICU ward over run and subseqent death rates because capacity is compromised. The fast new tests, coupled with Mesoblasts recent FDA clearance to treat COVID-19 patients (two days ago) with its Remestemcel-L product, may not only save lives, but also provide sufficient confidence to the economy by creating boundaries, where non currently exists.
  • GH
    Galen H.
    8 April 2020 @ 06:55
    I am really gonna miss these daily briefings. Looking forward to discussions on how these lock downs and potential coming trade wars/protectionism are changing or have changed markets (education, transport, food security, politics, online delivery, PROPERTY prices! - I think property has got to be one of the worst investments for the next few decades).... and then the big debate - inflation/deflation/stag... , bailouts/BTC/gold... Gonna be interesting.
  • RS
    Rob S.
    8 April 2020 @ 06:30
    Hi from New Zealand. While our lockdown is stringent there are tens of thousands of returning citizens, many coming from China, who are just trusted to self quarantine. They are going out to the supermarkets etc. Also need to view our numbers per capita as there's only a handful of us down here.
  • GH
    Gary H.
    8 April 2020 @ 05:12
    Get better internet speed for Ed, or stop broadcasting him
    • CS
      Cam S.
      8 April 2020 @ 06:23
      Personally I am thankful that the Real Vision team is finding a way to make it work so that they can still provide us with timely market analysis given the current adversities. I'll gladly put up with a glitchy connection here and there.
  • BR
    Brian R.
    8 April 2020 @ 05:44
    Real vision, needs a fixed income segment. From individual bonds, to spreads in government securities to emerging markets!
  • BR
    Brian R.
    8 April 2020 @ 05:36
    Do the production after the close, so people can finish trading
  • MT
    MICHAEL T.
    8 April 2020 @ 05:32
    I'm mainly interested in what you think is coming up in the market next and how to prepare. Too much time taken on discussing the past and misc talk.
  • SK
    Shammi K.
    8 April 2020 @ 05:32
    After market closes. Thanks.
  • RP
    Ronald P.
    7 April 2020 @ 23:11
    Would much prefer after US close briefings. They are a part of many of our daily routines at this point (great job!) and the US market is simply the most relevant and important globally. Especially given the action we've been seeing in the final hour of trade I don't see how anything could be more important timing wise than having all the information to talk about at your disposal when doing a wrap up for the day. Your reactions and insights are too meaningful to do with incomplete information from where I sit, appreciate you guys.
    • sw
      stefan w.
      8 April 2020 @ 04:56
      ... and please try to keep the daily updates at 15 min. with a hard-stop at 20 minutes... if possible.. thanks... would be good if you could also include an occasional update on VOL levels and what these are suggesting...
  • FS
    Filo S.
    8 April 2020 @ 04:44
    Yes. Do the production after close. It’s especially awkward during a replay. I’ve traded through close and now listening afterward and your facts are already historic. Also, prefer to focus on mkts during hours and do research after mkts closed. Thanks. Filo
  • JF
    Joseph F.
    8 April 2020 @ 04:41
    I'm down with after close recording, sounds good!
  • AK
    Alex K.
    8 April 2020 @ 04:10
    At market close would be great.
  • BS
    Brian S.
    8 April 2020 @ 04:06
    Looking at the S curve for new hospital cases in New York I would suggest that new cases would mirror that and that that S curve would be a better measure of the progress against the virus. Typically the flattening of new cases would correlate with the middle of the curve. If that holds true then we can estimate the time it will take to see the top of the curve and thus the slowing of infections.
  • RL
    Rolfe L.
    8 April 2020 @ 04:04
    I think after close of market would be helpful.
  • TS
    Tod S.
    8 April 2020 @ 04:02
    Agree w/ 4pm. Can you discuss earnings estimates and dispersion? Seems like estimates are stale/behind.
  • JF
    John F.
    8 April 2020 @ 03:54
    After the close.
  • JB
    Jeffery B.
    8 April 2020 @ 03:53
    At what point does the Fed have to start purchasing equities? What are your thoughts on how the market moves once earnings start reporting and the "hazy" guidance or lack thereof completely kicks in? After market is probably best, but this is great content all around.
  • JD
    James D.
    8 April 2020 @ 03:50
    4pm would be much better please!
  • GP
    Gyutae P.
    8 April 2020 @ 03:31
    Yes, after close please
  • sc
    sung c.
    8 April 2020 @ 03:27
    Yes vote for after market daily briefing.
  • KR
    Kaloyan R.
    8 April 2020 @ 03:18
    We did see the above-mentioned volatility so after market close will be perfect. Thank you for the great work and keep it up🙏🏻
  • CG
    Christine G.
    8 April 2020 @ 03:18
    Great show. Thanks for your work.
  • JA
    Johnny A.
    8 April 2020 @ 03:18
    or just record the audio on your phone if you don't feel like dealing with the video and sync it. Even easier! Y'all hiring? I'm out of work haha
  • JA
    Johnny A.
    8 April 2020 @ 03:13
    Suggest: Ed keeps cutting out. If you put up a separate cameras (phone works) and record with that you can then marry the A/V of the two recordings and upload that. Simple hack to up production quality with just one more step. I work in A/V. Just a thought if that's annoying you too to have to use internet a/v.
  • AA
    Alberto A.
    8 April 2020 @ 03:01
    after the close will be great. The goosed them up during the last 10 minutes...who pumps it? who knows?
  • mr
    mike r.
    8 April 2020 @ 02:49
    I'm in Oz so after the close & 2 hrs later works for me! LOVE the daily briefings - very useful.
  • AM
    Anthony M.
    8 April 2020 @ 01:46
    I joined to listen to raoul however I am on the basic package and never hear his views Didn’t sign up to hear everyone else Extremely disappointed
    • SL
      Simon L.
      8 April 2020 @ 02:35
      Plenty of Raoul's video, you could look at the recession special he made a few weeks ago.
    • mr
      mike r.
      8 April 2020 @ 02:48
      really? do you expect richard branson to fly your planes or jonny ivy to personally explain how to use your phone anyone working with/for Raoul is wicked shmart. yeah he's a genius & we all want more of him but I'll take 30 mins of Ash & Ed & the others over nothing/cnn/fox every day of the week! be reasonable! you're getting ALL this for $15/m !!! It's a freaking bargain!
  • wd
    william d.
    8 April 2020 @ 02:46
    After the close please! Thank y’all for everything!!
  • FO
    F. O.
    8 April 2020 @ 02:45
    Yes please record these at 4pm so you reflect market closing
  • MP
    Mark P.
    7 April 2020 @ 23:07
    Thanks for a great new Series. You guys are doing a great job with timely content. My vote is for waiting until market close for filming as long as vids still accessible at a reasonable time the same day. Please bring Roger back whenever you can. His insights are second to none. Re lifting clampdowns, please keep in mind in the absence of a vaccine, herd immunity, an effective treatment, or a summer climate break, there is nothing to stop a reactivation of the pandemic. The faster and stricter the quarantine (NZ) the lower the herd immunity, and the more renewed outbreaks would be expected. This is the second order thinking that the markets seem to be missing of late. That said, it looks like Elliot Wave 4 may now be complete and we can expect the next leg down, consistent with above logic and technicals. Dr Mark, Napa, California
    • RS
      Riki S.
      7 April 2020 @ 23:14
      The NZ approach allows them to control how any herd immunity (if that is in fact a scientifically proven phenomena - obviously critical that the foundation is solid before moving down that path) is introduced. Britain started off with that thinking and then reverted to something closer to the NZ model. The US model, which is really complacent leadership, is intially out of control, over run, significant death rates and then herd immunity becomes a outcome of accident, rather than design.
    • CS
      Charles S.
      8 April 2020 @ 02:42
      Dr. Mark -- is it correct that near-term mortality rate reductions due to sequential lockdowns should enable more high-risk people to be still standing when a vaccine is eventually available, that each time ones escapes the next cull, the better the odds that one will be around when the preventive arrives ? A rope-a-dope strategy ?
  • RD
    Rick D.
    8 April 2020 @ 02:41
    Can you use Zoom, so we can hear the content?
  • jh
    jason h.
    8 April 2020 @ 02:38
    After close yes please
  • CH
    Christian H.
    8 April 2020 @ 02:38
    Vaccine may be closer than we think - see Irish Times article 4/6 on BCG vaccine. If it is, then problem solved. With massive stimulus in place, markets could return to record highs much quicker than anyone is expecting. Thoughts please.
  • TI
    Todd I.
    8 April 2020 @ 02:36
    Agree, waiting for market close is best. Trade throughout the day says a lot, especially final hour. Today was a good example.
  • SF
    Scott F.
    8 April 2020 @ 02:28
    Great job, as always. Timing -- I would prefer after the close... Thanks!
  • DS
    David S.
    8 April 2020 @ 02:27
    Definitely start after 4PM. It's when all the action happens.
  • TN
    Thomas N.
    8 April 2020 @ 02:25
    YES, especially during this time of high volatility, certainly do the Daily Briefing after the close of trading.
  • JL
    Jacob L.
    8 April 2020 @ 02:18
    Should definitely film at end of market day with the volatility that we saw today. Do people really believe this is the bottom? Maybe close to it?
  • BS
    Bernard S.
    8 April 2020 @ 02:15
    Deaths are not counted consistently. Its not a good measure of success.
  • JE
    Jose E.
    8 April 2020 @ 01:46
    After closing please, we can wait another hour or two for the daily update
  • JL
    Joseph L.
    8 April 2020 @ 01:46
    4pm sounds great
  • BC
    Benjamin C.
    8 April 2020 @ 00:11
    Why isn't Taiwan a model?
    • JM
      John M.
      8 April 2020 @ 01:43
      Taiwan schools still open Only 5 deaths No lockdown Everyone gets face masks.
  • GG
    Gary G.
    8 April 2020 @ 01:39
    After the close, thanks.
  • XF
    Xavier F.
    8 April 2020 @ 01:35
    great content, some audio issues today guys FYI
  • EK
    Eva K.
    8 April 2020 @ 01:17
    Ash could you pop in the link of the virus re-activation? Many thanks
    • AB
      Ash B. | Real Vision
      8 April 2020 @ 01:30
      Eva, I first saw the story in The New York Post, which is doing a great job of covering Covid here in the NYC metro area. The original reportage comes out of South Korean, from their news agency Yonhap. I've posted both links below. —Ash NY POST: https://nypost.com/2020/04/07/51-recovered-coronavirus-patients-test-positive-again-in-south-korea/ YONHAP: https://en.yna.co.kr/view/AEN20200406006700320
  • DZ
    Dongbin Z.
    8 April 2020 @ 01:28
    Would be nice if daily briefings also have transcripts
  • DL
    Daren L.
    8 April 2020 @ 01:25
    I agree with the others, you should tape this segment at 4pm, after the market closes. Thanks!
  • TS
    Thomas S.
    8 April 2020 @ 01:25
    Great job guys. I'd love to hear some comment on how treasuries are trading. Does Fed have control? Is it still liquidation phase?
  • RK
    Rodney K.
    8 April 2020 @ 01:13
    Good idea on timing after market
  • GK
    George K.
    7 April 2020 @ 23:28
    Ed, do you have a link to a report/data in regards to people doing worse financially when graduating during a recession? Great job, keep it up!
    • EH
      Edward H. | Real Vision
      8 April 2020 @ 01:13
      Here’s one NBER study that shows a ten year effect. There are others though. https://www.nber.org/digest/nov06/w12159.html
  • JL
    James L.
    8 April 2020 @ 01:11
    Start after 4 EXT.
  • MD
    Mark D.
    8 April 2020 @ 00:55
    After market closes. 4pm. Keep up the good work gents! Essential.
  • mB
    marc B.
    8 April 2020 @ 00:55
    I like the 4pm idea. A lot of movement last 30 min of day.
  • TS
    Tim S.
    8 April 2020 @ 00:53
    Id love to see you do these at 4pm. Also, Do you think the fed and treasury will weaken the dollar by buying foreign currencies (EM included) en masse? Seems like the surest way to end a strengthening dollar crisis. Thanks guys!
  • ar
    alexandra r.
    8 April 2020 @ 00:49
    after market, please
  • BK
    Bruce K.
    8 April 2020 @ 00:46
    THANK YOU for these Daily Briefings! With so many things "out of the box" it is absolutely wonderful to have these stimulating summaries every day.
  • RL
    Ryan L.
    8 April 2020 @ 00:36
    after the close please! you guys called the volatility... happened today!
  • AB
    Alex B.
    8 April 2020 @ 00:18
    After the market sounds good
  • HR
    Humberto R.
    8 April 2020 @ 00:13
    I'd prefer you guys film these daily updates after closing if possible to give us an even better summary.
  • AT
    Alez T.
    8 April 2020 @ 00:11
    After market closes please. Thx
  • DS
    David S.
    8 April 2020 @ 00:07
    Thanks for the great recaps! Filming after the close please.
  • TS
    Tamim S.
    8 April 2020 @ 00:01
    Please film after the daily close, that would be great!
  • RA
    Robert A.
    7 April 2020 @ 23:59
    Thanks Ed and I definitely think waiting til after market close would be much better.....or just get one of the really good Equity investor viewers to just tell you a couple of hours before the market closes how the market will close and go ahead a get it out early 😏.....oh.....and when you find that guy or girl could you pass along their AUM, investment minimum and their fees so I can move some $ over to them.
  • jR
    james R.
    7 April 2020 @ 23:28
    while I enjoy the chit chat, it would be a welcome addition for the speakers to call out specific trends and potential changes to trends in the daily market action. For example, the market (s&p) just stopped short of 50% relief rally, do u expect more chop up and through major resistance or does the downward move from daily highs portend a potential imminent break of recent up trend?
    • jR
      james R.
      7 April 2020 @ 23:55
      Also, 15 minutes is the perfect time limit to these updates 🙂
  • KK
    Konstantinos K.
    7 April 2020 @ 23:53
    Better do the briefing at the close
  • JH
    Jacqueline H.
    7 April 2020 @ 23:53
    Yes, do it after the close. Today's was a major turn-around.
  • OT
    Omar T.
    7 April 2020 @ 23:52
    It seems to me that Ed only half answered the question of what a sample trade on his idea actually looks like? He described the rating agencies and the etfs but didn't complete the trade example. Thanks!
  • KF
    Ken F.
    7 April 2020 @ 23:48
    4pm please
  • CP
    Christopher P.
    7 April 2020 @ 23:40
    Yes good idea to have brief update at 4pm market close
  • AB
    Anthony B.
    7 April 2020 @ 23:31
    I think it would be great to have this after the market closes - given how much things change in the last few hours. Really enjoying these daily breifings.
  • BH
    Ben H.
    7 April 2020 @ 23:24
    I would appreciate doing this after market close.
  • ns
    niall s.
    7 April 2020 @ 23:16
    Sounds like you guys are actually doing some homework before your briefing , well done indeed.
  • BK
    Bob K.
    7 April 2020 @ 23:15
    I think it would be a good idea to push it back and film at market close (at least while volatility is high.....). If and when things settle down, then the timing won't be as important.
  • LD
    Lawrence D.
    7 April 2020 @ 23:13
    Notice today how much the market changes from 2 to 4, sometimes it’s a totally different market. I vote 4 4
  • JC
    Jamie C.
    7 April 2020 @ 23:07
    Ya i think commenting on EOD movement would be helpful. Love these by the way!
  • TS
    Thomas S.
    7 April 2020 @ 23:05
    Makes more sense to wait for the close
  • JK
    Jim K.
    7 April 2020 @ 23:02
    Great stuff guys thanks. Quick question my understanding is the Fed can buy all investment grade corporate bonds so they would be able to buy all investment grade bonds (Baa3 and higher as well as BBB- and above)- is the incorrect? Stay safe!
  • SC
    Shaun C.
    7 April 2020 @ 23:01
    Thanks for the info on the bond ETFs. I am curious how the downgrade of a company would affect the ETF. So if Carnival moved to the triple B fund, would this ETF price decline?
  • MT
    Mark T.
    7 April 2020 @ 23:00
    I like the idea of doing this after the markets close. Good idea.
  • JR
    Josh R.
    7 April 2020 @ 22:57
    Btc has had a solid run since Raoul called it a buy. Thanks for the tip Raoul. Is it still a buy at current levels? Is there potentially more liquidity issues ahead of us?
  • RS
    Riki S.
    7 April 2020 @ 22:55
    Post market wrap would be great. Today the market reversed close to important resistance levels, so commentary around the reasons and criticality would make more sense.
  • Lv
    Liliane v.
    7 April 2020 @ 22:55
    Love the daily briefings, but I do agree with the notion to move the briefing to the end of the market, as today the markets ended in the red. Would be very interesting to hear your take on that. Thank you
  • SD
    Sercan D.
    7 April 2020 @ 22:55
    I work in the economic capital modeling department of a large financial institution and I find tremendous value in your conversations over the last 3 weeks I have been listening . And to respond to your question, I would prefer to see this conversation after the market close . Thank you
  • DL
    David L.
    7 April 2020 @ 22:53
    Given end of day volatility, I would vote for filming at the close of the U.S. market if that is technically feasible. Thanks for your efforts, keep up the good work.
  • PT
    Peter T.
    7 April 2020 @ 22:51
    personally like the time slot at 6:00pm EST Thanks
  • FG
    Flavio G.
    7 April 2020 @ 22:36
    Ed, when you talk about 3.5% gdp hit in the case of Denmark, I think you are ignoring the consequence of trade dropping like a rock. In other words, if Denmark were a closed economy I would fully agree. The problem is that Denmark's gdp is dependent on other economies too (exports representing 55% of gdp !) . So the impact would be higher as a consequence of these dependencies.
    • EH
      Edward H. | Real Vision
      7 April 2020 @ 22:50
      It’s not my number though. It’s a government estimate https://twitter.com/edwardnh/status/1247251493494931456?s=21
  • PW
    Philip W.
    7 April 2020 @ 22:49
    Recording after the close would be very beneficial
  • LH
    Leigh H.
    7 April 2020 @ 22:47
    Do this interview after the 4 pm close. I love this show.
  • DH
    David H.
    7 April 2020 @ 22:45
    I am in Brazil and your 6:00 PM EST starts at 7:00 PM local. Please don't push back the scheduled release time. These Daily Briefings are extremely helpful, but I feel like I am losing the macro thread on some things. Like how are various emerging markets going to deal with the dollar shortage and which are at risk of default? How quickly will supply chains realign and how will Asia deal with this traumatic shift? How will travel and entertainment companies survive with suddenly poorer Boomers? And of course, Raoul's favorite - pensions.
  • SS
    Steve S.
    7 April 2020 @ 22:44
    The daily briefing should be filmed after the markets close not at Mid-day, thats a real daily briefing.
  • JG
    James G.
    7 April 2020 @ 22:43
    Makes good sense to do the show after market close. There will be plenty of time to review it prior to market open the following day. It's a great show and very informative. Thank you!
  • JS
    Jon S.
    7 April 2020 @ 22:41
    Ash and Ed, thanks for the conversation. Please try and wait until 4 PM EST before summarizing the day. The market is moving fast and furious these days.
  • AS
    Ash S.
    7 April 2020 @ 22:40
    I think record at market closed so it's a true end of day recap. Today is a great example of some big changes between recording and close. Great work guys.
  • RC
    Randolph C.
    7 April 2020 @ 22:36
    Like idea of recording DB after 4pm market close, 4/7 case in point.
  • JA
    Jonathan A.
    7 April 2020 @ 22:32
    Filming after the daily close would be ideal, imo. Makes for better perspective.
  • DT
    David T.
    7 April 2020 @ 22:28
    I like the time of the briefing.
  • FG
    Flavio G.
    7 April 2020 @ 22:23
    Questionable value of Twitter surveys: I believe bears are more vocal and over-represented on Twitter.
  • JG
    Jordan G.
    7 April 2020 @ 22:05
    Cuomo numbers!!!! Thanks guys :))