Daily Briefing – October 1, 2020

Managing editor, Ed Harrison, joins managing editor, Roger Hirst, to break down today’s price action. Using Julian Brigden’s Expert View from September 28th as a springboard, Roger discusses the pressures that central banks are under to create reflation in an environment of low productivity, low growth, and a weaker dollar when they have instead contributed to asset price inflation. Roger and Ed also analyze the rebound in equities by considering how US equities are carrying out a bullish narrative of recovery as compared to poorer equity performance outside of the US. Wrapping up their conversation, Roger also offers his thoughts on the NASDAQ futures short position as well as how pensions are being threatened now. Real Vision reporter Haley Draznin takes a look at the rise in SPACs as first blank-check ETF makes its trading debut today.

The original article is located at ZeroHedge.com

This content is provided by public RSS feed at https://feeds.feedburner.com/zerohedge/feed. Please contact us if you have any questions.

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments