Oil Declines After Taper Talks and Amazon and Facebook in the Spotlight

Published on
August 19th, 2021
Duration
35 minutes


Oil Declines After Taper Talks and Amazon and Facebook in the Spotlight

Daily Briefing ·
Featuring Ash Bennington and Thomas Thornton

Published on: August 19th, 2021 • Duration: 35 minutes

Real Vision senior editor Ash Bennington welcomes Tommy Thornton, founder of Hedge Fund Telemetry, to update his framework for the U.S. economy and inflation as well as his outlook for equities, bonds, and commodities. After talks of tapering coming out of the FOMC minutes released yesterday, Thornton analyzes the market’s response with relatively little action in the major U.S. indices as well as the dollar's continued rise and commodities like oil and copper taking a hit. He offers his perspective on the state of antitrust concerns with the FAANGs with tech giants like Amazon’s plans to open department stores and Facebook’s move into the metaverse while a new antitrust suit is submitted against them by the FTC. Drop your questions for Tommy here on the Exchange: https://rvtv.io/2Xxhew2

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