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.

Please do it after close

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.

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.

4pm indeed guys

these daily briefings are so worth a watch. watching pros looking at the issues at hand is worth every penny.

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.

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"? :)

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.

Your comments about recording after the close, it is almost like Ed had a feeling something was up.

I'm a fan of the suggestion to do this recording at/closer to Market close.

I think these D Briefings would be better if done after the close. Thanks Jay

After the close, please! :)

These guys are going to feel pretty stupid when the FED buys everything and we're at new highs in two months.

Audio on Ed's end is pretty awful.

Definitely after the close makes it more valuable. It is Daily Briefing after all not Mid Day Briefing

Doing after close makes sense

Taiwan is best COVID response globally on all measures - very ignored in most analysis.

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.

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

There is nothing magic about the exact market close. But to wait till late in the day makes it less useful to me.

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.

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.

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.

Another vote for after close.

Agree that shift to after the bell would be ideal. Thanks as always gents.

I think the fund is IGEB - iShares Edge IG Corporate Bind fund

Feed back: after close would be better ... Still a great show, however, ...

after market close would be better.

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/

Is having "The Book of Common Prayer" on the mantelpiece behind Ed intended to give us a subliminal message?

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.

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!

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

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.

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.

Get better internet speed for Ed, or stop broadcasting him

Real vision, needs a fixed income segment. From individual bonds, to spreads in government securities to emerging markets!

Do the production after the close, so people can finish trading

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.

After market closes. Thanks.

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.

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

I'm down with after close recording, sounds good!

At market close would be great.

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.

I think after close of market would be helpful.

Agree w/ 4pm. Can you discuss earnings estimates and dispersion? Seems like estimates are stale/behind.

After the close.

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.

4pm would be much better please!

Yes, after close please

Yes vote for after market daily briefing.

We did see the above-mentioned volatility so after market close will be perfect. Thank you for the great work and keep it up🙏🏻

Great show. Thanks for your work.

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

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.

after the close will be great. The goosed them up during the last 10 minutes...who pumps it? who knows?

I'm in Oz so after the close & 2 hrs later works for me! LOVE the daily briefings - very useful.

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

After the close please! Thank y’all for everything!!

Yes please record these at 4pm so you reflect market closing

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

Can you use Zoom, so we can hear the content?

After close yes please

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.

Agree, waiting for market close is best. Trade throughout the day says a lot, especially final hour. Today was a good example.

Great job, as always. Timing -- I would prefer after the close... Thanks!

Definitely start after 4PM. It's when all the action happens.

YES, especially during this time of high volatility, certainly do the Daily Briefing after the close of trading.

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?

Deaths are not counted consistently. Its not a good measure of success.

After closing please, we can wait another hour or two for the daily update

4pm sounds great

Why isn't Taiwan a model?

After the close, thanks.

great content, some audio issues today guys FYI

Ash could you pop in the link of the virus re-activation? Many thanks

Would be nice if daily briefings also have transcripts

I agree with the others, you should tape this segment at 4pm, after the market closes. Thanks!

Great job guys. I'd love to hear some comment on how treasuries are trading. Does Fed have control? Is it still liquidation phase?

Good idea on timing after market

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!

Start after 4 EXT.

After market closes. 4pm. Keep up the good work gents! Essential.

I like the 4pm idea. A lot of movement last 30 min of day.

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!

after market, please

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.

after the close please! you guys called the volatility... happened today!

After the market sounds good

I'd prefer you guys film these daily updates after closing if possible to give us an even better summary.

After market closes please. Thx

Thanks for the great recaps! Filming after the close please.

Please film after the daily close, that would be great!

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.

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?

Better do the briefing at the close

Yes, do it after the close. Today's was a major turn-around.

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!

4pm please

Yes good idea to have brief update at 4pm market close

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.

I would appreciate doing this after market close.

Sounds like you guys are actually doing some homework before your briefing , well done indeed.

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.

Notice today how much the market changes from 2 to 4, sometimes it’s a totally different market. I vote 4 4

Ya i think commenting on EOD movement would be helpful. Love these by the way!

Makes more sense to wait for the close

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!

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?

I like the idea of doing this after the markets close. Good idea.

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?

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.

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

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

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.

personally like the time slot at 6:00pm EST Thanks

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.

Recording after the close would be very beneficial

Do this interview after the 4 pm close. I love this show.

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.

The daily briefing should be filmed after the markets close not at Mid-day, thats a real daily briefing.

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!

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.

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.

Like idea of recording DB after 4pm market close, 4/7 case in point.

Filming after the daily close would be ideal, imo. Makes for better perspective.

I like the time of the briefing.

Questionable value of Twitter surveys: I believe bears are more vocal and over-represented on Twitter.

Cuomo numbers!!!! Thanks guys :))