Daily Briefing – August 12, 2020 – Millennials Are Trading On Hype: Robert Leonard
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 12 August 2020
⏱️ 33 minutes
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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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