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Real Vision: Finance & Investing

Labor Market Strength Catches the Bond Market Off-Guard as Ethereum Soars

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 3 April 2021

⏱️ 58 minutes

🧾️ Download transcript

Summary

DB-Apr2,2021: Real Vision senior and crypto editor Ash Bennington welcomes Real Vision editors Max Wiethe and Jack Farley to the Daily Briefing. They discuss the Nonfarm Payrolls data, which significantly exceeded expectations, and interpret what this means for the U.S. economy, stocks, and bonds. They look at the corresponding sell-off in U.S. Treasurys today and the surge in S&P 500 futures (the U.S. stock market is officially closed). Lastly, they cover the surge in Ethereum and altcoins. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Slack presents hands-free conversations.

0:03.1

Hello, car commuter, dog walker, stroller pusher.

0:06.7

Your hands are busy.

0:07.8

It's why we created Hubble's in Slack,

0:09.7

because sometimes talking is easier than typing.

0:12.5

Hubble without the hassle.

0:14.1

In Slack.

0:27.1

Welcome to the real vision, daily briefing.

0:29.2

I'm Ash Bennington.

0:30.3

We are live without a net today.

0:32.4

The grown-ups have all gone home for the week.

0:34.8

It's just me, Jack Farley and Max Weathy.

0:37.4

Welcome, guys.

0:38.8

Great to be here, Ash.

0:40.2

Yep.

0:42.7

So, guys, obviously, today's jobs day,

0:45.6

NFT number out.

0:46.6

Jack, what are your thoughts?

0:48.3

Did you just say NFT number?

0:50.9

Yes, I did, Jack.

0:52.2

Okay, so just explain.

0:53.8

NFP is non-farm payrolls.

...

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