Labor Market Shows Improvement as Ethereum Undergoes Crucial Update

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 6 August 2021

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

DB-Aug05,2021: Real Vision senior editor Ash Bennington welcomes editor Jack Farley and Jim Bianco, president of Bianco Research, to discuss today’s market reaction towards the improvement in the labor market and important updates to the Ethereum network. Bianco covers the decline in unemployment claims and considers whether this trend is sustainable as the delta variant continues to hamper full reopening. The trio also looks at the London hard fork update to Etheruem and its potential effects on Ether’s price and long-term prospects for the network. 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 the financial system, but different.
0:07.0	It doesn't care where you come from, what you look like,
0:10.0	your credit score, or your outrageous food delivery habits.
0:13.0	Crypto is finance for everyone, everywhere, all the time.
0:18.0	Visit Kraken.com slash see what crypto can be to learn more.
0:22.0	Don't invest unless you're prepared to lose all the money you invest.
0:25.0	This is a high risk investment and you should not expect to be protected
0:28.0	if something goes wrong.
0:41.0	It's Thursday, August 6, 2021.
0:44.0	Welcome to the Real Vision Daily Briefing.
0:46.0	I'm Ash Bennington, joined today by Jack Farley and Jim Bianco.
0:50.0	Welcome, gentlemen.
0:52.0	Here's your one sentence summary of what's happening
0:56.0	in equity markets right now.
0:58.0	Earnings keep coming in strong.
1:00.0	Jobless claims down a bit at the margin.
1:03.0	US equity markets up, fractionally, near all time highs.
1:07.0	Big winner of the day looks like the Russell 2000 up.
1:10.0	1.62% to close at 2231.
1:15.0	Jack.
1:16.0	That's the financial markets, Ash, in the world of the real economy.
	...

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