Daily Briefing – November 6, 2020

Published on
November 6th, 2020
Duration
35 minutes


Daily Briefing – November 6, 2020

Daily Briefing ·
Featuring Haley Draznin, Ash Bennington, and Ed Harrison

Published on: November 6th, 2020 • Duration: 35 minutes

Managing editor, Ed Harrison, and senior editor, Ash Bennington, review this past week’s “everything rally” and key macro indicators against the backdrop of political uncertainty and COVID-19. Ed explains the two different narratives around the market rally — either the markets’ growing comfort over a split government or the markets had priced in more chaos that hasn’t yet come to fruition. He then also breaks down the narrative of a backpedaling economic recovery that the bond market and the macro indicators such as the ISM reports and jobs reports are reinforcing. Ash and Ed also touch on whether we’ll return to a high hospitalization and death rate with the resurgence of COVID-19 cases and reiterates how the social response and the durable changes to demand are not driven by policy alone. In the intro, Real Vision’s Haley Draznin walks us through the October jobs report, how it exceeded expectations and its impact on the markets.

Comments

Transcript

  • CC
    Cornelius C.
    7 November 2020 @ 02:29
    good thing it wasnt another raoul video
    • RP
      Raoul P. | Founder
      7 November 2020 @ 11:46
      Agreed. Im bored of me too...
    • MG
      Manish G.
      9 November 2020 @ 11:37
      But I can't seem to get enough of you Raoul. Especially your views, perspective and narratives around Bitcoin and cryptos. Please keep that coming.
  • LF
    Liam F.
    7 November 2020 @ 18:59
    Where is Lemony? I want my scalps!!
  • TC
    Timothy C.
    7 November 2020 @ 18:57
    Permanent Reapportionment Act of 1929 fixed the number of representatives. Base effect is continued tilt of representative voting power to less populated rural states. Deleterious effect is when representative voting power tilts, it tends to polarize things because politicians have a incentive to cultivate the voters with more representative power... https://en.wikipedia.org/wiki/Reapportionment_Act_of_1929
  • CJ
    Christopher J.
    7 November 2020 @ 10:50
    surely do the voting on a blockchain - first job for Biden imo
  • LS
    Lewis S.
    7 November 2020 @ 07:20
    'Alright we've avoided the elephant in the room' - oh good! I sez to meself, they're gunna talk about bitcoin! Alas..
    • AB
      Ash B. | Real Vision
      7 November 2020 @ 07:55
      lol
  • JR
    John R.
    7 November 2020 @ 05:29
    I almost always prefer Daily Briefings done by Ash and Ed. Their incessant Trading Spaces references are a humorous way to end hectic days, and the insights spawned by their back and forth exchanges are always welcome. Thanks for your hard work, RV Team.
  • sp
    spencer p.
    7 November 2020 @ 05:10
    good job Haley. :) doesn't sound like you're trying to yell it out. keep it up
  • AV
    Alex V.
    7 November 2020 @ 04:32
    Are the lockdowns organic or there's an agenda behind it?
  • MH
    Matt H.
    7 November 2020 @ 02:36
    Haley looks to be hitting her stride now and getting over the new job jitters, well done keep it up!
  • SS
    Steven S.
    7 November 2020 @ 02:11
    Good job, Haley. Nicely done. I'm very much interested in your reporting on unemployment rates as it's such an impactful topic.
  • PB
    Patrick B.
    7 November 2020 @ 00:25
    Not the strongest end to the week... Too much data in my view
    • CM
      Cory M.
      7 November 2020 @ 01:36
      Disagree. Enjoyed watching Ed's (thought) process.
  • HJ
    Henry J.
    7 November 2020 @ 01:11
    I miss roger