Ash and Jack's Impromptu Briefing: DB- Dec15 , 2020
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 16 December 2020
⏱️ 27 minutes
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| 0:00.0 | Welcome to Real Vision. |
| 0:13.0 | It's Tuesday, December 15, 2020, just after market close in New York. |
| 0:18.0 | This is the Real Vision Daily Briefing. |
| 0:21.0 | I'm Ash Bennington, joined shortly Real visions Jack Farley, but first with |
| 0:26.4 | the day's stories, Haley Drasnan. |
| 0:28.8 | Hey Ash, Markets Edshire Tuesday as Congress gets closer to passing additional stimulus. |
| 0:34.0 | Right now it's a 748 billion dollar deal. |
| 0:38.0 | It's not the price tag originally proposed at 908 billion, |
| 0:42.0 | but they need something to pass before the holidays. |
| 0:45.3 | The markets are still digesting vaccine news and getting the continued support from |
| 0:50.0 | Central Banks, so we will see Stocks rally and corporate bonds extend into 2021. |
| 0:56.0 | What stood out to me today, some of the worst performing real estate stocks this year |
| 1:01.0 | are finally having their moment. Real estate of course has been |
| 1:04.5 | beaten down but stands to benefit from the economy's eventual reopening. |
| 1:09.1 | Share prices for hotels, retail, and offices jumped more than a third and have held those |
| 1:15.6 | gains since November 9th, the day when Pfizer and Bio-Entech announced their promising |
| 1:21.4 | vaccine results. |
| 1:22.5 | The FTSC Nari Equity Lodging Resource Index |
| 1:26.6 | has soared 49 percent, |
| 1:28.8 | while the regional malls and shopping centers |
| 1:31.6 | REIT indexes are each up more than 40% since the vaccine |
| 1:36.0 | announcement. Those returns made these real estate investment trusts two of the |
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