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Real Vision: Finance & Investing

Buy the Reflation Rumor and Sell the Recovery News?

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 20 January 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

DB - Jan20, 2021: Real Vision managing editor Ed Harrison joins editor Max Wiethe to update his views on how yield curve steepening is affecting equity markets and his three potential outcomes for the reflation trade. Harrison and Wiethe also debate whether the reflation trade is a "buy the rumor, sell the news" scenario and tee up Real Vision’s big content campaign for February where we attempt to answer the question, “Is Everything a Bubble?” In the intro, editor Jack Farley reviews price action and analyzes Morgan Stanley's latest earnings report. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Heard about Magpie, the vegan pie truck that needed a bit of help from Go Daddy.

0:03.4

One day the owners are like, this business hasn't reached this potential.

0:07.2

And the other one goes, we need a bigger piece of the pie.

0:09.9

And then it hits her.

0:11.1

We need Go Daddy.

0:12.0

Look, we can get a domain name and create an online store,

0:14.8

so we can sell to more customers. Now they've gone from serving a couple of pies to

0:19.3

flogging nationwide. And now everyone's like, vegan are the new ting around here.

0:25.0

Wait, no meat!

0:27.0

Take the next step on your business journey with Go Daddy. Hello everyone welcome to the Real Vision Daily Briefing. It is

0:44.8

Wednesday January 20th at 4 PM just after market closed here in New York. I'm

0:49.7

going to be talking with Ed Harrison today, but before I speak with Ed

0:52.4

let's kick it over to Jack Farley with today's stories.

0:54.8

Thanks, Max. Today, the S&P 500 reached new all-time highs.

0:58.8

Gold rallied alongside oil, the Vicks eased a sigh of of relief and Treasury yields barely budged.

1:04.3

This as Joe Biden was sworn in as the 46th President of the United States.

1:09.0

President Biden called on the nation to quote start afresh, saying simply,

1:12.4

without unity there is no peace.

1:14.0

Our very own Peter Cooper was actually in the nation's capital and

1:17.4

captured this historic day from the streets. Today was an important and

1:21.9

historic day in many ways.

1:23.4

It's the first time the US has had a female vice president.

...

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