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Real Vision: Finance & Investing

Chaos Rules in D.C.: Lyn Alden on the Fourth Turning and Her Latest Trades: DB- Jan6, 2020

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 7 January 2021

⏱️ 59 minutes

🧾️ Download transcript

Summary

In this unique edition of the Real Vision Daily Briefing, managing editor Ed Harrison and senior editor Ash Bennington give a breaking news update on the unprecedented events unfolding in Washington, D.C., whether or not they will have impact on the markets having closed at record high, and if they are reflective of events on the ground or are divorced from political and social reality. Then, Real Vision’s Nick Correa discusses the ADP jobs report and the possibility of a jobless recovery for the U.S. economy. In the main segment, Lyn Alden of Lyn Alden Investment Strategy tells Real Vision’s Jack Farley how her reflation thesis has been shaped by recent events such as the Georgia runoff election, the release of the Fed’s FOMC minutes, and the chaos in the nation’s capital. Alden shares her latest trades on EM bank stocks and breaks down various quantitative measures to value Bitcoin. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Welcome to the Real Vision Daily Briefing. It's Wednesday, January 6th. Normally I do a Bogg Standard intro and I'd cut to

0:13.6

Nick Carreya but because of the remarkable events happening in the

0:17.2

nation's capital we're gonna do a breaking news segment and cut right to

0:20.8

Ed Harrison and Ash Bennington.

0:23.0

And thanks for joining us.

0:24.3

This word is getting really threadbare at this point,

0:27.2

but absolutely unprecedented day in Washington, D.C.

0:31.8

Congress, the position has been overrun. The last time this happened

0:35.8

was during the War of 1812, I believe 1814, as at this hour we should say, we're beginning

0:41.9

this coverage at about 5 p.m. Eastern time so there's

0:45.8

going to be a delay when this airs as of this hour as we record the balcony of the

0:52.0

House and the Senate appear to be occupied right now by a mob that has stormed those positions.

0:59.8

They're federal agents with guns drawn all over the Capitol. That is where we stand right now. Ed, what are your thoughts?

1:08.0

Yeah, so, you know, obviously I'm in D.C. in the D.C. area, I'm just outside DC four blocks out and to be honest my first

1:18.0

thought is about not letting my son outside because there's a curfew until

1:21.9

six but in terms of what we're talking about, what we're doing,

1:26.2

I can, is a what kind of impact does this have on the economy and the markets over the medium term over the long term and

1:36.9

what has happened in markets and in the economy now. You know. now that is reflective of what's actually happening from a political perspective.

1:50.4

Because I look at this political event as very significant in the history of the United States.

1:56.6

And the question is, are markets going to reflect that. Do markets reflect political events of this

2:07.1

significance? It's hard to say whether that's the case or not because we're talking about it in the flow but I mean the reason that you

2:15.6

and I are actually interposed into this Real Vision Daily Briefing is because we think that this particular

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