Analyzing Market Risk as Mortgage Forbearance Comes to an End

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 4 August 2021

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

DB-Aug03,2021: Real Vision senior editor Ash Bennington welcomes Tony Greer of TG Macro to analyze the day’s price action as well as SEC Chairman Gary Gensler’s remarks on crypto regulation. Greer provides an update on his thoughts on equities, commodities, and inflation and his perspective on what market risks are posed to the economy by the coming end of mortgage forbearance and what greater regulation in the crypto space means for digital assets going forward. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:24.0	Go to Salesforce.com forward slash 360 to learn more.
0:30.0	Welcome to the Real Vision Daily Briefing.
0:42.0	It's Tuesday, August 3rd, 2021.
0:45.0	I'm Ash Bennington.
0:47.0	Once again, it's TG Tuesday.
0:49.0	I'm joined today by Tony Greer, Editor of the Morning Navigator.
0:53.0	Here's what we're looking at right now.
0:56.0	US equity markets for the most part higher today.
0:59.0	It looks like all the major indices are in the green.
1:02.0	S&P 500, the largest winner on the day, up 0.82% to close at 4,423.
1:13.0	Big winning sectors on the day are healthcare, energy, and financials.
1:18.0	Also, out today, a report from the Federal Reserve household debt in the US rose $313 billion.
1:27.0	That's the fastest level of rise since 2007.
1:31.0	It's nearly $15 trillion, according to the data out today, from the Fed to put that into perspective.
1:38.0	That's nearly three quarters of US GDP, which weighs in around 21 trillion in household debt alone.
1:45.0	This number really knocked my socks off today.
1:48.0	The majority of that new debt is from mortgage origination.
	...

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