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Real Vision: Finance & Investing

Oil Declines After Taper Talks and Amazon and Facebook in the Spotlight

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.11.1K Ratings

🗓️ 20 August 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

BD-Aug19,2021: Real Vision senior editor Ash Bennington welcomes Tommy Thornton, founder of Hedge Fund Telemetry, to update his framework for the U.S. economy and inflation as well as his outlook for equities, bonds, and commodities. After talks of tapering coming out of the FOMC minutes released yesterday, Thornton analyzes the market’s response with relatively little action in the major U.S. indices as well as the dollar's continued rise and commodities like oil and copper taking a hit. He offers his perspective on the state of antitrust concerns with the FAANGs with tech giants like Amazon’s plans to open department stores and Facebook’s move into the metaverse while a new antitrust suit is submitted against them by the FTC. Drop your questions for Tommy here on the Exchange: https://rvtv.io/2Xxhew2 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Happy birthday to you!

0:02.1

OK, Nathan, you're next.

0:03.7

Happy birthday to you!

0:05.7

Happy birthday!

0:07.0

My birthday's not until next month.

0:09.7

Like getting your money's worth,

0:10.9

introducing McDonald's Saver Meal Deals.

0:13.2

Get a cheeseburger or mayo chicken,

0:14.6

medium fries and drink for just 3.99.

0:18.4

From 11 a.m., not available on Delivery.

0:21.4

Welcome to the Real Vision Daily Briefing.

0:23.4

It's Thursday, August 19, 2021.

0:25.4

I'm Ash Bennington, joined once again

0:27.4

by Tom Thornton of Hedge Fund Telemetry.

0:30.4

Here's what we're looking at right now.

0:32.4

Market close, looks like the Nasdaq and the S&P

0:35.4

pretty much punched.

0:36.4

Nasdaq settling at $14,541.

0:41.4

I'm not sure if it's going to work.

0:43.4

I'm not sure if it's going to work.

0:45.4

I'm not sure if it's going to work.

0:47.4

I'm not sure if it's going to work.

...

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