Growth's Eye-Popping Snapback and the $86 Billion Pension Bailout

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 10 March 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

DB-Mar10,2021: Real Vision editor Jack Farley hosts managing editor Ed Harrison to process the astonishing resistance rally in technology and growth stocks with high duration such as Tesla ($TSLA), Peloton ($PTON), DocuSign ($DOCU) and Zoom Video ($ZM). Jack notes that Tesla posted the 3rd biggest daily return in the history of the company, and Ed interprets the pause in the U.S. Treasury sell-off as gold staged a recovery and oil and copper lost the bid. The pair analyze the inclusion in the latest U.S. stimulus package of $86 billion worth of relief for failing pensions, and Ed shares why this bailout might prove a dangerous precedent. Lastly, Ed and Jack analyze the latest data showing that retail comprised a plurality of volume in the U.S. equity market as well as what the most frequented pages on RobinHood indicate about the rise of the retail trader. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Both socks post an epic snapback rally, the stimulus bill includes $86 billion for failing
0:17.6	pensions, and what does the latest Robinhood data indicate about the rise of the retail
0:22.5	trader for all of this and more I'm joined by real vision managing editor Ed Harrison.
0:27.2	Ed, welcome.
0:28.2	How are you doing?
0:29.2	Good.
0:30.2	Happy Monday, Jay.
0:31.2	It's Tuesday.
0:32.2	It's supposed to be Monday, you know, that's our day, but Tyler, he preempted it, but
0:39.1	happy Tuesday instead of happy Monday.
0:41.7	Yeah.
0:42.7	You got the instinct.
0:43.7	Right.
0:44.7	Well, Ed, you know, you and I chose to be on today.
0:46.8	What a day it was.
0:48.2	The NASDAQ had a tremendous rebound.
0:51.2	What did you make of this snapback in tech and stocks?
0:55.2	Yeah.
0:56.2	I mean, it is amazing.
0:57.7	I think a lot of it has to do, certainly with retail investors.
1:02.8	Another part of it has to do with what happened in rates.
1:06.0	You know, I obviously think a lot about rates and I lead with rates.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.