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Real Vision: Finance & Investing

Daily Briefing – August 12, 2020 – Millennials Are Trading On Hype: Robert Leonard

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 12 August 2020

⏱️ 33 minutes

🧾️ Download transcript

Summary

Senior editor, Ash Bennington, joins Robert Leonard, VP of Growth and Innovation at The Investor’s Podcast Network, to discuss how novice and millennial investors are currently navigating the markets. Robert explains how the real economy and markets are currently disconnected and how that lays the foundation for a future market correction. He also dives into his investment framework and how he combines both value and momentum strategies. Ash and Robert wrap up their discussion by examining how novice and millennial investors tactically and philosophically approach markets, especially in the past few months, and what the potential ramifications of that will be for this demographic. In the intro, Peter Cooper shares how airlines and Disney are currently working to conserve cash flow in an environment of suppressed demand. Sponsor Link - Keep Coming Back : http://keepcomingbackpodcast.com/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Show The old is always is 18 and 5 years old

0:15.0

30 years old, lost to men and culture in happen and

0:19.0

be right for a hair house for the wrongs.

0:22.0

Fly bake. No, Gary, then be better. for a fly-a-rous-for-ons-a-slee,

0:23.0

nieurich, then be the next,

0:25.0

off Luft-Hansa group-Pungt careers. It's Wednesday, August 12, 2020, just after market close in New York.

0:40.3

This is the Real Vision Daily Briefing.

0:43.0

I'm Ash Bennington in New York, joined shortly by Robert Leonard from the millennial investing

0:48.0

podcast.

0:49.0

But first, with today's stories, Peter Cooper.

0:52.0

Thanks, Ash.

0:52.9

Just as many American consumers are cash-strapped

0:55.1

and are seeking ways to preserve cash,

0:57.0

so are businesses.

0:58.4

Mom and pop shops all the way up to mega-corps.

1:01.2

Cash flow is the lifeblood of any business and without it it cannot

1:04.6

endure regardless of whether the economy is in a recessionary or

1:08.1

expansionary period. So in what ways are businesses holding on to as much

1:11.7

cash as they can right now.

1:13.5

The airline industry is unquestionably one of those sectors that is hurting the most,

1:17.9

and consumers are finding that receiving a refund for trips canceled months ago is becoming increasingly difficult.

1:23.2

According to Airlines Reporting Corp, U.S. travel agencies have already issued more than $1 billion

...

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