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Real Vision: Finance & Investing

Daily Briefing - May 25, 2020

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.11.1K Ratings

🗓️ 25 May 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

Senior editor Ash Bennington joins Real Vision CEO and co-founder Raoul Pal to discuss the latest developments in macro and coronavirus. Bennington and Pal discuss the collapsing velocity of money and stagnant US growth, the Canadian and Australian housing markets, and what the future of commercial real estate may look like in a post-coronavirus world. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.3

Heather from the Accounter's Growth Club was,

0:05.3

knowing what cash I have is really important and Monzo Business makes it easy.

0:09.8

It automatically puts 20% of my income into a tax pot.

0:14.0

When it's time to pay your VAT, I always know the money's there.

0:17.0

If you're ready for a Monzo business account, apply today.

0:20.0

Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:25.0

Get tax pots with Monzo Business Pro for £5 a month.

0:28.1

Te's and sees apply. The It's Monday, May 25th, 2020. U.S. markets are closed in observance of the Memorial Day holiday.

0:59.3

This is a Real Vision daily briefing.

1:01.6

Rall, it looks like it's you and me again today.

1:04.0

It is, just us.

1:05.5

I think all of the UK's closed today

1:07.8

for the spring bank holiday.

1:09.2

The US is closed.

1:11.2

Europe's open, Asia's been open.

1:12.5

So a relatively quiet day,

1:14.0

because two of the biggest financial centers are closed.

1:17.3

Yeah.

1:18.3

Nonetheless, there's open for business.

1:21.2

Yes, indeed. Nonetheless, lots to talk about we're going to cover some international property markets, but first you had an epic Twitter thread over the weekend.

1:30.0

You talked about global supply chains, the velocity of the M2 money stock, gold,

...

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