Daily Briefing – September 9, 2020

Published on
September 9th, 2020
Duration
30 minutes


Daily Briefing – September 9, 2020

Daily Briefing ·
Featuring Peter Cooper, Ash Bennington, and Ed Harrison

Published on: September 9th, 2020 • Duration: 30 minutes

Real Vision senior editor Ash Bennington is joined by managing editor Ed Harrison to discuss the market plumbing that's fueling the wild price action on Wall Street. Ed and Ash first break down the tremendous pressures on banks, which find themselves in a cash-strapped economy lending to businesses with drastically-curtailed incomes. Ed then weighs the notion that central banks are 'cartels' in that they have a monopoly on the money supply. Ed and Ash then analyze the true effect of QE, exploring whether it will actually spur lending growth rather than just inflating asset prices. In the intro, Peter Cooper discusses the JOLTS report and the woes of commercial real estate.