Daily Briefing - June 2, 2020

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 2 June 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Senior editor Ash Bennington hosts managing editor Ed Harrison to delve into whether the pandemonium in the U.S. will ever spread into capital markets. They analyze the historical performance of markets during times of civil unrest and explore whether U.S. equities have "priced in" the possibility that the ongoing mass protests in the U.S. could accelerate the spread of COVID-19. Ed and Ash also discuss the yield curve and retracement levels for the S&P. In the intro, Real Vision's Nick Correa talks about the 1957 pandemic, the Eisenhower recession, and how they may intersect. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:28.1	Te's and sees apply. It's Tuesday, June 2nd, 2020, just after market closed in New York.
0:47.0	This is the Real Vision Daily Briefing.
0:50.0	I'm Ash Bennington in New York, shortly by Ed Harrison near Washington DC, but first Nick
0:57.1	Correa with the broader context.
0:59.1	Thanks Ash.
1:00.3	Today I'll be discussing another pandemic that occurred in the past that hasn't been as widely discussed as the Spanish flu, the pandemic of 1957.
1:08.0	The 1957 influenza pandemic, which was commonly referred to as the Asian flu originated in the Guajo province of China.
1:15.7	The first cases in Guajo were reported in late 56, early 57.
1:20.0	This was a novel strain of the virus, its variant being H2N2, so humans did not have any previous encounters to it,
1:26.1	and therefore had minimal immunity.
1:28.0	This virus on its own was lethal without the support of other bacterial co-invaders.
1:32.9	It spread to other Asian countries such as Singapore, Taiwan, and India,
1:36.4	as well as to the then British colony, Hong Kong,
1:38.8	a few months after it first started spreading in China.
	...

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