For the third in 2020 we got Andrew Brown - Executive Director of East72 Holdings - back into the studio to help us understand what's going on in markets since the collapse in March and subsequent rally since.Within the Equity Mates community there has been a lot of discussion as to why the markets are rallying, yet the underlying economic conditions seem to be only getting worse. How does that even make sense? As Andrew seems to have his head screwed on, and a solid grasp and understanding of the mechanics of the economy and markets, we asked if he could unpack it for us.This is a wide-ranging conversation, where we cover:the market movements of the last 8 weeksthe decisions and subsequent impacts of governments and central banks in Australia and the United Statesthe impact of COVID-19 on small business, and the flow-on effect to marketswhether or not we are in a bull trap - are there more drops to come?how Andrew is positioning his portfolio, and some specific examples of stocks he is watchinggold and oilthe importance of investing consistently and being patientcapital raisingsplus much more!Andrew has recently written two fantastic articles about coffee can investing (buy and hold) and shares two personal stories (at the expense of himself) to highlight the power of time in the market. The can be found here:For want of a coffee can, we left $7 million on the tableCoffee Can 2: The $25 million SequelYou can follow Andrew on Twitter hereHave you just started your investing journey? Head over to Get Started Investing - our 12-part series with all the fundamentals you need to feel confident to start your investing journey.Want more Equity Mates? Subscribe to Equity Mates Investing Podcast, social media channels, Thought Starters mailing list and more here.Equity Mates is a part of the Diamantina Media Network – the home of Australia’s favourite podcasts. For more information, visit http://diamantina.com.au/If you have any questions, head to Equity Mates Facebook Discussion Group and ask the Equity Mates community. Hosted on Acast. See acast.com/privacy for more information.