64 min listen
Daily Briefing – August 6, 2020 – GDP Looks Backward; Stock Market Looks Forward : David Bahnsen
Daily Briefing – August 6, 2020 – GDP Looks Backward; Stock Market Looks Forward : David Bahnsen
ratings:
Length:
42 minutes
Released:
Aug 6, 2020
Format:
Podcast episode
Description
Senior editor Ash Bennington speaks to David Bahnsen, founder and managing partner of The Bahnsen Group, about the economics of re-opening and the state of the U.S. equity markets. Bahnsen weighs the risks and rewards of reopening the U.S. economy during the ongoing pandemic, using the Swedish "no-lockdown" model as an example. Bahnsen and Bennington also discuss the methodology of calculating GDP change as well as the widening chasm between the S&P 500 and the drastic economy contraction. Bahnsen explains this bifurcation by noting that the GDP looks backward while the stock market looks forward. In the intro, Jack Farley reviews the latest initial claims data and gives a strategic overview of the dramatic price action in the Turkish Lira.
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Released:
Aug 6, 2020
Format:
Podcast episode
Titles in the series (100)
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