Daily Briefing – October 7, 2020

Real Vision managing editor, Ed Harrison, is joined by editor, Jack Farley, to break down the vanishing fiscal stimulus and the K-shaped economic recovery. Ed interprets the latest economic data to give Jack his market outlook over the next six months. Ed then looks at how the impasse in the fiscal stimulus may widen the chasm between large corporations and small businesses. He and Jack then turn their gaze to the credit markets where the bifurcation between the haves and the have-nots is becoming even more apparent. In the intro, Real Vision’s Peter Cooper takes a look at how President Trump has pulled the plug on fiscal stimulus negotiations, what he’s targeting now, and how markets have been taking in the news.

The original article is located at ZeroHedge.com

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