Adventures in Finance - Daily Briefing - April 24, 2020
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 24 April 2020
⏱️ 37 minutes
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| 0:00.0 | Welcome to the Real Vision Daily Briefing. It's Friday, April 24th. |
| 0:16.0 | We've got Real Vision's Ash Bennington standing by with Tony Greer of T.G. |
| 0:20.5 | Macro, and they're ready to give their macro analysis. But before we go to them, let's go over the biggest stories in markets as well as on the coronavirus pandemic. |
| 0:29.7 | Starting off with some coronavirus data, the U.S US confirmed death count has surpassed the 50,000 |
| 0:35.3 | threshold out of close to 900,000 confirmed cases that we've now had. |
| 0:39.9 | That's certainly a grim milestone. |
| 0:41.5 | This comes at a time when President Trump has signed off on the most recent |
| 0:45.2 | relief package and states like Georgia are beginning to reopen businesses today. |
| 0:48.9 | While in South America, the total confirmed case count has reached 100,000, the majority of which are in Brazil, Peru, |
| 0:55.7 | as well as in Ecuador, where the official death count exceeds 500. |
| 0:59.7 | But it's likely that the true number of deaths from COVID in Ecuador is actually much, much higher. |
| 1:05.4 | According to the BBC, from the beginning of March till mid-April, just one province alone, |
| 1:11.5 | Gwyas reported almost 15,000 deaths, |
| 1:14.8 | and that's a death rate seven times higher than normal. |
| 1:17.8 | The lack of testing and medical supplies |
| 1:20.0 | has imposed an incredible burden on Ecuador, |
| 1:22.7 | which might be one of the hardest hit countries |
| 1:24.7 | in Latin America when it comes to the coronavirus. |
| 1:27.0 | Going back to the states now, where jobless claims continue |
| 1:30.0 | to pile up yesterday the cumulative tally coming in at 26 million. Some of these jobs as we know are in the service |
| 1:37.5 | sector but employees who work at startups are feeling the burden of the shutdown as well. |
| 1:43.6 | According to layoffs. FYI, a database that tracks job losses, |
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