Daily Briefing – October 27, 2020

Published on
October 27th, 2020
Duration
27 minutes


Daily Briefing – October 27, 2020

Daily Briefing ·
Featuring Jack Farley, Ash Bennington, and Tony Greer

Published on: October 27th, 2020 • Duration: 27 minutes

Senior editor Ash Bennington welcomes Tony Greer of TG Macro back to the Daily Briefing to make sense of price action in equities, bonds, currencies, and commodities. Tony reviews Monday’s rout in U.S. stocks and corresponding pop in the VIX, and explores why FX volatility was so low. He and Ash then discuss Bitcoin’s surge upon the news that Paypal is allowing bitcoin transactions on its platform. They look at durable goods orders, oil, gold, as well as investigating how big central bank balance sheets might get going forward. Lastly, Tony shares his view on how the upcoming U.S. Presidential election might affect markets. In the intro, editor Jack Farley looks at home sales, mall foreclosures, and “lender-on-lender” violence in the credit markets.

Comments

Transcript