Daily Briefing – September 24, 2020

Published on
September 24th, 2020
Duration
27 minutes


Daily Briefing – September 24, 2020

Daily Briefing ·
Featuring Haley Draznin, Ed Harrison, and Roger Hirst

Published on: September 24th, 2020 • Duration: 27 minutes

Managing editor, Ed Harrison, hosts managing editor, Roger Hirst, to break down wild market swings that have characterized the last week of price action. Roger explores key retracement levels in the IBEX and FTSE 100 as well as the recent weakness in bank stocks, using his analysis from his latest episode of "The Big Conversation." Ed then discusses the momentum shift over the past two weeks from growth to value through the lens of his interview with Ben Inker, heir apparent to Jeremy Grantham at GMO. The pair then look at the head-and-shoulders pattern in the U.S. Dollar Index (DXY) and explore whether currencies could be a release valve for volatility adjustment. In the intro, Ed speaks to Real Vision reporter, Haley Draznin, about the steady rise in jobless claims released today, which signal continuing layoffs as the economy recovers slowly from the coronavirus pandemic.