Daily Briefing – August 27, 2020

Published on
August 27th, 2020
Duration
40 minutes


Daily Briefing – August 27, 2020

Daily Briefing ·
Featuring Nick Correa, Ash Bennington, and Thomas Thornton

Published on: August 27th, 2020 • Duration: 40 minutes

Senior editor, Ash Bennington, hosts Tommy Thornton, founder of Hedge Fund Telemetry, to check the pulse of the market. Tommy discusses how frothy markets have seen price action heavily skewed by sentiment, and how, with companies withholding guidance for the year, investors are flying blind. He and Ash go over some of the tools Tommy utilizes to examine market trends and momentum, explore how short sellers are currently getting smoked, and consider whether the Fed can continue its QE binge. Tommy then provides his view on the Fed's move toward average inflation targeting and his forward outlook for the next few months. In the intro, Nick Correa provides an overview of Fed Chair Jay Powell's speech at the Jackson Hole Symposium and how the Fed is shifting course regarding inflation targeting.