64 min listen
Daily Briefing – Aug 31, 2020 – This Bull Market Is Built On A Very Shaky Foundation: Ed Harrison
Daily Briefing – Aug 31, 2020 – This Bull Market Is Built On A Very Shaky Foundation: Ed Harrison
ratings:
Length:
35 minutes
Released:
Aug 31, 2020
Format:
Podcast episode
Description
How is it that the real economy can be so weak while the asset markets continue to fly? Real Vision managing editor Ed Harrison explores this and more with senior editor Ash Bennington. Ed and Ash discuss the ever-widening chasm between Wall Street and Main Street and use Hyman Minsky’s “two-price model” as a framework to understand this dichotomy, and they analyze how asset markets have responded differently to interest rate cuts than the markets for goods and services. In that context, they explain how the sinking labor force participation rate reveals a hidden unemployment which will keep inflation subdued. In the intro, Ash and Jack Farley discuss Jack’s recent interview with Jason Buck on the Real Vision blog, and they also interpret the re-opening woes of airlines and colleges.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Aug 31, 2020
Format:
Podcast episode
Titles in the series (100)
Adventures in Finance 14 - Feeding the Future: Debt, Demographics, & Dinner Plates: The agricultural industry sustains human life but is taken for granted and is subject to volatile cycles. Alan Boyce, former Soros Fund Management Director and Agtech investor, talks us through the biggest challenges facing the industry and major... by Real Vision Daily Briefing: Finance & Investing