The Fallout from the FED's Dot Plot

Real Vision: Finance & Investing

Real Vision

Business, Investing, News, Business News

4.1 • 1.1K Ratings

🗓️ 22 June 2021

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

DB-JUN 21,2021: Real Vision senior editor Ash Bennington welcomes editor Jack Farley and managing editor Samuel Burke to the Daily Briefing to discuss Bitcoin’s recent decline, FED policy implications, and American Airlines. The trio will analyze China’s crackdown on Bitcoin mining as well as increased regulation of cryptocurrency services for China’s largest banks. Additionally, they will cover American Airline’s logistical problems as travel demand returns and explain the differing inflation outlooks highlighted in the FED’s dot plot ahead of Chair Powell’s meeting with Congress on Tuesday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by London Business School.
0:03.8	Looking to accelerate your business, or understand the opportunities in AI or ESG,
0:08.8	are you thinking about taking the plunge into entrepreneurship,
0:11.8	or about what leadership skills will take you to the next level?
0:15.0	To listen to the latest insights and discussion from LBS faculty,
0:18.6	subject experts and industry insiders,
0:21.4	look for podcasts from London Business School.
0:23.8	Navigate the now and be prepared for what's next with London Business School.
0:30.0	Welcome to the Real Vision Daily Briefing. I'm Ash Bennington.
0:36.0	I'm joined once again by Samuel Burke and of course Jack Farley. Welcome gentlemen.
0:51.0	Good afternoon.
0:53.0	Big story of the day.
0:55.0	Risk on way on equities up across the board. More on that later.
1:00.0	Jack Farley, what are you looking at today? What's on your radar?
1:03.0	Well, Ash, I'm looking at Bitcoin. It took a tumble today down as much as 11% for the day to $32,500,
1:11.0	dragging Ethereum and much of the crypto world with it. Samuel, what are you looking at?
1:16.0	Jack, all weekend long, I've been following American Airlines as they've been canceling hundreds of flights
1:22.0	due to maintenance issues, but also staffing problems. They're not the only airline facing this.
1:27.0	And we're going to be looking at what it can tell us about labor inflation, Ash.
1:33.0	Yeah, so back to our top story today. Everything is rising across the board right now in US equity markets.
1:39.0	95% of the S&P 500 stocks are up today just to give you a sense of a context for how broad-based this rally
1:47.0	that we're seeing is right now. Let's run through the closing numbers here.
	...

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.