Daily Briefing – October 26, 2020

Published on
October 26th, 2020
Duration
38 minutes


Daily Briefing – October 26, 2020

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

Published on: October 26th, 2020 • Duration: 38 minutes

Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to talk through the social, political, and economic ramifications of the various U.S. presidential election outcomes in tandem with the risk of a more forceful and perhaps lethal second wave of COVID-19. Ash and Ed discuss how the policy outcomes in a Biden administration are more limited than what a Trump administration would be such as the fate of FAANG and Trump's recent executive order regarding the dismissal of civil servants. They also consider what would happen to stimulus after the election, how markets have priced in a blue wave and how the outcome could be deviations away from expectations, and what the policy response might be to a rise in hospitalizations. Ed also explains the impact the hysteresis effect could have on the economy and consumers as well as how that may lead to more durable consumption changes post-COVID. Real Vision reporter Haley Draznin analyzes China's Ant Group raising $34 billion, making it the largest IPO in history.

Comments

Transcript

  • JJ
    John J.
    27 October 2020 @ 19:09
    I thought this show was supposed to be non-political. Why doesn't Ed just wear a Biden Harris campaign hat? This is beyond biased. Maybe the show should air on NPR.
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 19:20
      Where are you getting that? The whole point of the discussion was scenarios that are not priced in, particularly a Trump win and/or a Republican Senate.
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 19:32
      I just reviewed the video again just to make sure I was clear and I was. I said 1. We have a reasonably good idea of what Biden would do because of policy papers. Trump's agenda is more unbounded. 2. Because it's unbounded, there's greater scope for it to have an impact. Big tech is one example. 3. Another example is China. The US economy was doing well before the pandemic. And so Trump (rightfully) is angry with the Chinese for hiding information about the breadth of the Covid-19 outbreak, making it difficult for other countries to act and cratering the US economy. I believe Trump (rightfully) would seek to rectify this in a second term. You're totally off base regarding what I am saying. If anything, the slant was pro-Trump, though I did not want it to be. But there are a wider range of outcomes - some good and some bad - possible if Trump wins.
    • JS
      Jon S.
      27 October 2020 @ 20:28
      Nice that Edd takes the time to response. Keep it up. Regarding point 3 is not only Trump the world has discovered that China has acted dishonestly and trickily. I am of the opinion that the anger to China will be extensive all around the world. Once the pandemic is finished we will see how the world sees China going forward...
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 21:11
      Jon S, I agree with you there. China’s standing has been tarnished. And there will be consequences in the west.
    • SS
      Steven S.
      28 October 2020 @ 06:06
      I've watched every one of Ed's pieces on RVDB and the interviews. I think his apolitical, evidence-based insights and comments are commendable. In fact, one of the refreshing aspects of RV, in general, has been the apolitical character of the platform. And Ed is as unbiased as I've seen here or elsewhere.
    • JS
      Jon S.
      28 October 2020 @ 19:44
      I extremely appreciate that Edd took the time to respond to me. Appreciated. How the World will see China after the pandemic will be interesting. I think the narrative for a military conflict could gain momentum if the economy does not recover. However, I sincerely hope this is not the case.
    • DM
      Don M.
      28 October 2020 @ 23:26
      If you assert that telling the truth about the virus, that we aren't 'turning a corner' and that it didn't 'magically disappear' is political, you might have a point John.
  • DG
    David G.
    28 October 2020 @ 20:24
    So Roger won't be back for two weeks? There definitely won't be result by 5pm next Tuesday.
  • AR
    Andrew R.
    28 October 2020 @ 18:12
    well that one was dark. good analysis though.
  • BA
    BURHANUDDIN A.
    28 October 2020 @ 06:20
    Either the hair dye is for someone else in his household or it is used for hairs not on his head. And the other question must be asked: is deodorant needed during lockdown? (Googling Unilever & P&G stock prices since the lockdowns)
  • SS
    Steven S.
    28 October 2020 @ 06:08
    Haven't seen too much on the residential real estate sector from RV or RVDB. That seems to be a part of the economy that is primed for large volatility going forward. Maybe RVDB isn't the format for that type of discussion, but I would be very interested in seeing more on that topic.
  • LB
    Lenska B.
    28 October 2020 @ 03:14
    Like all your questions, back and forth and looking at different scenarios politically and not. Would like stats on death rate rather then COVID cases . VIELEN DANK !
  • SS
    Scott S.
    26 October 2020 @ 23:38
    Can you please just post the transcript of the first segment each day and start with Ash and Ed right away?
    • sc
      sung c.
      27 October 2020 @ 00:02
      Gee, all you have to do is scroll to the section where Ash and Ed start and skip the intro if you want.
    • SS
      Scott S.
      27 October 2020 @ 00:15
      You are correct that I can just skip forward. I was just trying to be gentle in my feedback that I saw no value in the first section.
    • RA
      Robert A.
      27 October 2020 @ 20:27
      Scott, I think many of the first segments have been excellent. Jack’s intro the other day highlighting the ETF for bundling junk bonds ala the CDOs of 2007/2008 was extremely well put together and enlightening—once again offering immediate intra day liquidity for a bundle of bonds, many of which trade by appointment only...what could go wrong? I also think Hailey’s material has been top notch as well—if we can just get that Audio toned down 😏
  • KB
    Kevin B.
    26 October 2020 @ 22:54
    Disappointed with the political angle to today's DB. We see that all day long on other BS networks and not what I come to RV for. I understand that some of it plays into market action, but as you all have said before, the markets have priced in the election and spending will rise under either party. I agree with the analysis that markets puked because of virus and stimulus news, and not who is going to win in a week.
    • NL
      Nikola L.
      26 October 2020 @ 22:59
      my thoughts too.
    • DS
      David S.
      26 October 2020 @ 23:31
      Agreed
    • TW
      Todd W.
      26 October 2020 @ 23:49
      8 more days + or - disputes lol
    • NL
      Nikola L.
      27 October 2020 @ 00:27
      just to add.. I did not notice too much political angle though. No matter how we look at this it is hard to totally avoid the political angle. Overall RV are fine and fairly unbiased. But I agree with rest of your view.
    • VN
      Vitali N.
      27 October 2020 @ 01:33
      disagree. at this time, it actually matters. In fact, Ed's point was the opposite of "everything is priced in".
    • RM
      Robert M.
      27 October 2020 @ 01:44
      Politics and stimulus is all that is driving markets today.
    • PN
      PJ N.
      27 October 2020 @ 05:50
      Agreed. There were some decent points in there but when Ed started speaking of Meadows and the Trump WH "laying the groundwork for the US accepting massive spikes in infections and deaths", I had enough. I would recommend listening to the great video just put up of Louise Gave and Mike Green. It is excellent for many reasons but it also provides a much better thought out perspective on covid-19 and the lock downs.
    • tl
      timothy l.
      27 October 2020 @ 07:12
      I agree.
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 19:43
      Kevin, I happen to think a Trump win and a Republican Senate are two outcomes that are not getting enough airtime in terms of the dispersion of potential outcomes that result. That's why I went over them today. The 'Blue Wave' thesis is everywhere. So, what I'm saying is 'hang on, there are other reasonable-probability outcomes too that we should run through'. In a Trump win scenario, big tech is vulnerable, as are media stocks, and China-dependent stocks for the reasons I outlined. Though I didn't say it here, it could be bullish for shares more generally if the Senate is Republican. In a Republican Senate/Joe Biden outcome, that's bullish for Treasuries and (potentially) bearish for equities because it means less stimulus. Less stimulus means less medium-term growth - which may or may not dent the S&P500 depending on how people allocate to growth vs value.
  • Jv
    Joël v.
    27 October 2020 @ 17:17
    People do go to bars but not to the office. Perhaps because work is related to mass transit?
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 19:18
      And work is work, not fun. Why risk your health on mass transit, in elevators, in the office and in town when you don't have to. It's still a dilemma whose resolution we don't know. Here's how the piece was formulated: https://www.politico.com/newsletters/morning-money/2020/10/26/finally-its-the-final-week-791189 "Wall Street wants its workers back — MM spoke to a top Wall Street exec late last week who grumbled that he goes out and sees people eating and drinking around Manhattan every night. “If they can do that, why aren’t they coming to work?,” this person asked."
  • jn
    jordan n.
    27 October 2020 @ 18:38
    Nice work. You guys should consider doing some sessions discussing prospective election outcomes and their impact on various asset classes and equity sectors
  • MW
    Michael W.
    26 October 2020 @ 23:34
    I’m no Trump fan, but the continued droning on and on about Trump’s negatives and every other negative out there gets really old. It’s gotten very difficult to listen to the Daily Briefing because I just don’t want to hear the same negative I hear all day from other news sources. There are positives out here in the real world. For instance, maybe mention the JP Morgan report that shows that >70% of rise in the new COVID case numbers is from increased testing alone. Yes, that means that the other 30% is from increased positivity. But you only mentioned the negative of increased positivity, not the fact that the increase in cases is proven to be overwhelmingly from more tests being administered. In addition, maybe highlight the fact that we have better testing capabilities now. Maybe highlight that deaths per case are a mere fraction of what they were in the first wave. Guys, the glass is really half full. -Realistic, but Optimist Subscriber
    • SS
      Scott S.
      27 October 2020 @ 00:10
      Well said.
    • TM
      The-First-James M.
      27 October 2020 @ 00:58
      I now know of at least 10 people in my immediate circle that have had COVID-19. Two required hospitalisation; one being a chronically overweight 30 year old, and the other being elderly with pre-existing health issues. Both survived and did not need ventilators. Everybody else mostly suffered a mild cold, with a couple exhibiting flu symptoms and fever. Nobody died...
    • RM
      Robert M.
      27 October 2020 @ 01:42
      Well I know a perfectly healthy person who died in two weeks, another healthy person on long term dialysis, and yes, some where it was just a cold. The fact that treatments have improved reducing deaths doesn't reduce the importance of hospitalizations, which are dramatically increasing. And 1,700 healthcare workers worldwide have died taking care of Covid patients. Let's don't discount these family's losses by writing off Covid as just increased testing and that rising numbers are not a big deal.
    • VN
      Vitali N.
      27 October 2020 @ 01:44
      testing still sucks. it is useless. I run a sports school in Wash DC and i have my coaches get tested every other Monday. They get results on Friday. It does little to know that you were COVID-free 5 days ago. That's why 70% of our former youth members (children ages 8-12) stay away. Their parents make that decision for them. If we shut down, not because of who wins the election, but bcz one of the athletes brings it into the gym unknowingly, i close the doors for good and lay off the remaining staff. I have a wealth management practice, what these three coaches are going to do... I try not to think about it.
    • SL
      Sean L.
      27 October 2020 @ 01:54
      I totally agree that the over emphasis on the number of cases is incorrect & you need only look at European countries like Sweden, Ireland & the UK to see that the mortality rate is way lower than during the actual pandemic at the beginning of the year. The problem is the media & politicians are only focused on case numbers & I can't see this changing. This is what affects consumer confidence & habits & will ensure the economic recession continues well into 2021. A vaccine even if its limited in effect is the only catalyst to turn this ship around
    • CK
      Cameron K.
      27 October 2020 @ 16:03
      The more testing rationalization is off base. Most new cases aren’t found due to random testing. New cases show up at the clinics or call a hotline with symptoms. Getting Covid precedes getting the test.
  • ac
    anthony c.
    27 October 2020 @ 02:56
    Sorry but Hailey's hard to listen voice detract from her content
    • JW
      Jonathan W.
      27 October 2020 @ 03:03
      Agreed, but she is improving over time.
    • CW
      Corey W.
      27 October 2020 @ 03:37
      It's her mic gain. It's too high and capping. Should be a simple fix if she reads this.
    • RT
      Richard T.
      27 October 2020 @ 04:34
      I agree, but it's improving. Keep working at it Haley.
    • VK
      Vaclav K.
      27 October 2020 @ 04:57
      Yeah, she could take some lessons from the previous reporter Justine Underhill. Excited articulation is not automatic.
    • HD
      Haley D. | Real Vision
      27 October 2020 @ 15:23
      Thanks all, working on optimizing my delivery. Yesterday's audio was hot. The mic was too close up to my collar.
  • CW
    Corey W.
    27 October 2020 @ 03:01
    Haley, your mic seems to be clipping/capping on your voice sometimes. Maybe try turning down the gain 25%? That should make it more easeful on listener ears. Thanks for the Ant take.
    • HD
      Haley D. | Real Vision
      27 October 2020 @ 14:29
      The audio was hot in yesterday’s recording. Will be using a different mic going forward.
  • NF
    Neal F.
    27 October 2020 @ 12:32
    Ed - your interviews of portfolio managers and traders are first class but the Daily Briefing has become just a free form vamping of conjecture. Losing relevance. Stick to markets and leave the political stuff to the other billion venues dedicated to same.
  • PP
    Patrick P.
    27 October 2020 @ 02:23
    Ed ... So you think that it's an either or...... the economy or public health. (Like politicians can continue to make that decision.) I'm here to tell you that it's like the question what came first the chicken or the egg....It is not that simple....
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 02:30
      It’s not either or though. It could be both as well. You could see both public health and the economy take a hit. That’s essentially what happened in the first wave and can easily happen again. I also think that better public health outcomes tend to lead to better economic outcomes here. So, the either-or thinking misses a swathe of potential economic outcomes.
    • PP
      Patrick P.
      27 October 2020 @ 12:10
      Ed... I agree... the first wave had a huge learning curve and the second wave should show significant improvement. Our public health officials caused some of the problem ....hopefully our great biotech industry can remedy.
  • JP
    John P.
    27 October 2020 @ 05:39
    I get the bearishness on the economy, but I think there’s to much opinion creep on covid by RV. RV and many of its viewers were way ahead of the curve on covid being an issue going back to late January. However, the pandemic is here, and it really isn’t nearly as bad as anticipated. Some countries have chosen to not even lockdown and have been largely fine. The mortality rate is about 10-20x better than initially thought. Republicans seem to be planning to not shut down again. China clearly decided it isn’t worth another shut down. Europe is protesting new lockdowns. While more cases might be bad for the economy for a wide variety of reasons, the continued doom and gloom as if its still February is unwarranted.
    • LB
      Lukas B.
      27 October 2020 @ 10:59
      > opinion creep Everything on this site is opinion. Charts and graphs are great, but they don't predict the future. The rest is analysis, which is ultimately opinion. You just don't like hearing what they are saying, and wish your opinion was shared instead.
  • SB
    Stewart B.
    27 October 2020 @ 10:11
    Great work. There is another group who benefit, or at worst are unaffected, and those are public servants. Here in the UK, as far as I know, the government hasn't shed any workers. Meanwhile the private service has let a huger number of workers go, for a variety of reasons. Good for you if you are a public servant, however we are going to end up with a very unproductive society, top-heavy, if we have fewer productive workers and a relatively larger number of parasitic bureaucrats on top.
    • SB
      Stewart B.
      27 October 2020 @ 10:13
      Apologies for the typos.
  • SB
    Stewart B.
    27 October 2020 @ 10:11
    Great work. There is another group who benefit, or at worst are unaffected, and those are public servants. Here in the UK, as far as I know, the government hasn't shed any workers. Meanwhile the private service has let a huger number of workers go, for a variety of reasons. Good for you if you are a public servant, however we are going to end up with a very unproductive society, top-heavy, if we have fewer productive workers and a relatively larger number of parasitic bureaucrats on top.
  • BF
    Bret F.
    27 October 2020 @ 08:06
    We are back in Indy
  • JL
    Jake L.
    26 October 2020 @ 23:51
    Regarding the Trump talk; I've thought for a while that if Trump gets a second term he will do a complete 180 on policies. I think the last 2 years have been geared towards re-election. If he gets in again, it's not as certain to me that money printer continues to go brrr like it has been, because the stock market (a re-election tool) is no longer as big a concern for him. I think if Biden wins there will be lots of brrr.
    • JA
      John A.
      27 October 2020 @ 01:46
      Yea, I think a second Trump term becomes more akin to Herbert Hoover than FDR. The Senate is already positioning toward being "done" with stimulus and talking whispers of austerity. And without an election to win, I don't see what makes Trump care about keeping everything propped up like he has been this year. I see him being more focused on people and organizations he considers his enemy for his second term.
    • HB
      Herman B.
      27 October 2020 @ 02:05
      I suspect, even President Trump, doesn't know what he would do should he be re-elected. The brrrrr will happen regardless who get the keys to 1600 P. Av.
    • VK
      Vaclav K.
      27 October 2020 @ 05:11
      Trump has some bullet points over here: https://www.donaldjtrump.com/media/trump-campaign-announces-president-trumps-2nd-term-agenda-fighting-for-you/ Trump going fire the CIA guys because of their connection to disproven Russiagate?
  • NI
    Nate I.
    27 October 2020 @ 05:05
    I may have to send Ash a copy of Trading Places so that he can get the hang of that shtick :-)
  • CN
    Christopher N.
    27 October 2020 @ 01:27
    Ash, another great episode, but I think you are placing too much emphasis on permanent changes that will continue after the pandemic is under control. Things will have permanently changed to some extent , BUT people will desire shopping and dining locally and new entrepreneurs will dynamically fill the voids of businesses that have failed. We are a social people and will still want to eat and shop in our communities, although on-line retail will continue to grow. I am a 25 yr airline pilot and remember how dark the industry looked after 9/11 and people came out of the woodwork saying leisure and business travelers will never come back due to the security threats and hassle. Those travelers did come back and a decade later the greatest resurgence in airline travel and industry health was in full gear and surged for another ten years until this pandemic. Thing’s will morph and change, but our small businesses and city business districts will rebound. Thanks for all you do to educate and analyze our financial world !
    • AB
      Ash B. | Real Vision
      27 October 2020 @ 01:32
      I really hope you're right and I'm wrong. I believe shopping and dining will come back, eventually, I just suspect it will look very different that it does today. And lots of small business will struggle to recover. As I said, I sincerely hope I'm proven wrong.
    • JS
      John S.
      27 October 2020 @ 04:27
      Ash and Ed outlined some possible scenarios. Ed explained several more implications that are not being talked about anywhere else. No matter how this evolves, it is clear that Business Travel and Conventions are Toast. UAL had a sign up at SFO over a year ago bragging about all the Silicon Valley people filling all their flights to China. Zoom (and a little trade war) has now eliminated the need for UAL. Being 25 at least gives you a chance to re-educate now and find a career away from a withering industry and skill that won't be automated out of existence soon.
  • GV
    Gunnar V.
    27 October 2020 @ 02:45
    There is only one answer to ending the pandemic. It's a 4 week complete lockdown like China did and testing everyone in a 100 mile radius if another case is found after. The proof for this method is simple when you think of this scenario: "Are we going to do this whole thing over again during the next pandemic? A year of on again off again restrictions, destroying the economy and terrible mental health - AGAIN". There will be another pandemic and the answer is to cut it off at the knees in the first month. We know vaccines take 1-2 years if they even happen. This half-way approach would never pass muster when the next coronavirus comes around.
    • SJ
      Sean J.
      27 October 2020 @ 04:01
      So, you’re saying you believe the CCP, huh? K
    • AB
      Alastair B.
      27 October 2020 @ 04:16
      What works in one country may not be appropriate for others
  • AB
    Alastair B.
    27 October 2020 @ 04:13
    Upvote for Trump, downvote for Biden
  • CG
    Christine G.
    27 October 2020 @ 02:47
    Great talk.
  • DC
    Daniel C.
    27 October 2020 @ 00:50
    To be fair, dems have drafted major anti trust / controlling regulations of google/facebook/twitter if elected. For example, they will not be allowed to make M&As unless some socialists within a special steering group say so.
    • EH
      Edward H. | Real Vision
      27 October 2020 @ 01:02
      Big tech is in trouble whether Trump or Biden wins. And it’s not clear to me who would be harder on them.
  • SP
    Simon P.
    26 October 2020 @ 23:27
    Upside = S&P 500
    • sc
      sung c.
      27 October 2020 @ 00:03
      ?
    • B
      Bob .
      27 October 2020 @ 00:56
      ?? Tme will tell, but for me the bell has been sounded. I could easily be wrong, but that is how I see it. This is a very respectful group and I salute you all for that. Thanks.
  • BA
    Bob A.
    27 October 2020 @ 00:48
    Ash and Ed, I think you were quite correct to both discuss COVID-19 as the real economic threat it has been and will continue to be. It has taken over 225,000 lives in the U.S. alone and will take many more. After almost eight months of economic devastation its legacy is far from over. The coming personal and company bankruptcies and the “excess deaths” related to a number of COVID triggered causes have all been very tragic and impactful. As we see in Europe and in parts of the U.S. today this is far from over. Many sources point to a vaccine next year, some even the middle of next year, but even if we were lucky enough to get a vaccine next week, the economic impact will continue until the average consumer personally feels both confident and comfortable enough to fully re-engage in the leisure and hospitality sectors and as well as other sectors of our economy. Valuations in commercial real estate in some areas are in decline, some very significantly. I believe this will pose some large issues for banks and other lenders over the next 12 months. I have no doubt that today’s large sell-off had many different reasons. We have a long slog ahead of us in our battle with COVID-19 and it will rightfully be the topic of the day for quite some time. COVID-19 will be driving the economic train until consumers and business leaders feel economically and physically safe.
  • DC
    Daniel C.
    27 October 2020 @ 00:46
    I don't want to damage the competitiveness on large companies via anti trust regulation, however there needs to be something done about their shadow banning/policing of free speech.
  • DC
    Daniel C.
    27 October 2020 @ 00:46
    I don't want to damage the competitiveness on large companies via anti trust regulation, however there needs to be something done about their shadow banning/policing of free speech.
  • DC
    Daniel C.
    27 October 2020 @ 00:44
    I don't want alipay and wepay to dominate global payments. They are already being used heavily for tax avoidance outside of China. There is no KYC/AML/Tax avoidance compliance measures available to nations to enforce these payment networks.
  • sc
    sung c.
    27 October 2020 @ 00:13
    I say get rid of as many old government cronies as possible, whenever possible, on both sides. They're just greedy, manipulative pigs feasting of the hardships of the American people and even worse, stifling the future of our future generations.
  • sc
    sung c.
    27 October 2020 @ 00:08
    I've been writing about the signs of double-top on the .Dji, .NDX, and S&P since last week. Confirmed big time today.
  • NL
    Nikola L.
    26 October 2020 @ 22:58
    as I said before, there won't be any stimulus this side of the elections and that will bring falls. Covid second wave in Europe and US will only amplify these falls so I expect more falls. Just my view.
    • sc
      sung c.
      27 October 2020 @ 00:05
      Exactly. That Pelosi is a pro at yanking everyone along and shifting blame. She's smarter than the average bear.
  • JK
    John K.
    26 October 2020 @ 23:58
    I wanna say thank you ed for calling out the republican shift. It’s rare shift that only happens when democrats get in office. They say if you watch closely enough you can hear Paul Rand being pushed onto national television to scream about the deficit. Even rarer to spot is Paul Rand then voting to increase the deficit by a trillion dollars during the “best economy in history” . Republicans flip flop on if deficits matter depending on who’s in office. I agree it’s a problem but the people calling it out are doing so disingenuously
  • HR
    Humberto R.
    26 October 2020 @ 22:24
    Shameful guys. Sorry but you used more fear mongering than any briefing I've listened to. Ed, we do know what is going to happen with the covid numbers. They aren't going to suddenly change after 7+ months. You can't have "spikes" once the economy has been opened for months. You all are very familiar with logarithmic charts. Do us all a favor and pull those up before you continue to push the covid fear agenda. It will be great when the election is over so you all can get back to opining on actual market / financial outcomes and not pushing covid fear. This talk may have worked in April and May, but not now. Markets are selling off because there is a massive event coming next week AND we have big tech earnings this week. Market knows a vaccine is around the corner. Market knows that tech earnings have peaked given covid. Shameful.
    • JA
      John A.
      26 October 2020 @ 22:51
      This whole market is being driven by two things. Where is the stimulus, and what is the 30Y doing? If the spike in covid cases causes lockdowns, that has a material impact. Log chart or not, the virus is a political decision right now and I don't think politicians can read log charts =). So I think watching it is valid, and that is before I have even heard today's briefing.
    • TW
      Todd W.
      26 October 2020 @ 23:52
      Idk where you are but in California the economy hasnt been opened. I just looked at the logarithmic charts on world meter and its spiking... Do you have a source for there cant be a spike? Because I see cases at all time highs and increases?
  • XM
    Xavier M.
    26 October 2020 @ 23:35
    One day, you gentlemen will recite the Trading Places line perfectly. And all will be right with the world. Cheers.
  • SN
    Shmuel N.
    26 October 2020 @ 23:07
    fear-mongering session again, hehe
  • JH
    Jason H.
    26 October 2020 @ 23:01
    Hilarious hair dye comedy. Ed and Ash are young looking gentleman. I was shocked to hear that Ed had a college aged daughter. Macro must be good for the aging process.
  • BG
    Brian G.
    26 October 2020 @ 22:36
    As I'm watching this episode, I placed my order for deodorant - via Amazon (It will be delivered tomorrow). Times have changed.. I wouldn't have even considered doing that 12 months ago..