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Real Vision: Finance & Investing

Jobless Claims Rise -- What This Means for Central Bank Tapering

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.11.1K Ratings

🗓️ 22 July 2021

⏱️ 34 minutes

🧾️ Download transcript

Summary

DB-Jul22,2021: Petr Pinkhasov of Real Vision's Exchange joins Real Vision’s Samuel Burke and Jack Farley on the Daily Briefing to discuss new data related to jobless claims in addition to developments surrounding central bank actions to deal with inflation. Pinkhasov also explains the effect of supply increases on oil prices and how central banks are approaching tapering asset purchases. The trio analyzes the increase in jobless claims despite the labor shortage that many business owners are experiencing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Kraken.

0:03.0

Crypto is like finance, but different.

0:06.0

It doesn't care when you invest, trade or save.

0:09.0

Do it on weekends or at 5 a.m.

0:12.0

Or on Christmas Day at 5 a.m.

0:14.0

Crypto is finance for everyone, everywhere, all the time.

0:19.0

Visit Kraken.com slash see what crypto can be to learn more.

0:23.0

Don't invest unless you're prepared to lose all the money you invest.

0:26.0

This is a high risk investment and you should not expect to be protected if something goes wrong.

0:30.0

Welcome to the Real Vision Daily Briefing for Thursday, July 22nd.

0:35.0

I'm Samuel Burke joined by my co-host, Jack Farley in New York and in Massachusetts.

0:40.0

We have trader and manager of the Real Vision's Exchange.

0:43.0

For the first time, Peter Pincasov, welcome to the show.

0:47.0

Peter, we want to hear a little bit more about your journey.

0:49.0

But first, I want to give you a preview.

0:51.0

Of what we're going to put to you today.

0:54.0

Of course, we're tracking that story about the surprising uptake in jobless claims in the United States.

0:57.0

But really, it has to do with automakers more than anything else.

1:00.0

Jack, what are you tracking?

1:01.0

Well, headaches continue for the Chinese ride hailing app DD, which fell 10% in US markets.

1:09.0

This, as it learns, it could fail.

1:11.0

It could fail.

...

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