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

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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Jaksot(2109)

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Adventures in Finance 20 - Cyber Warfare: Welcome to the New Normal

Adventures in Finance 20 - Cyber Warfare: Welcome to the New Normal

For years, cyberattacks on a global scale were the stuff of fiction; they have now become reality. And if the NSA isn’t safe then no one is safe. This week, we decode a potential existential threat to...

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Adventures in Finance 19 - Over Stocked & Under Sold: A Tale of the US Shopper and the Global Economy

Adventures in Finance 19 - Over Stocked & Under Sold: A Tale of the US Shopper and the Global Economy

If you want to predict the path of the global economy, you best have a pulse on the US consumer. At 70% of the US economy, consumer spending is in the economic driver seat. We speak to Stephanie Pombo...

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Adventures in Finance 18 - Bitcoin: Journey Beyond the Hype to a Universe of Applications

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Bitcoin is all everyone can talk about and the public is downright hysterical about the price, but the price is not what you need to be focusing on. This week, we explore how Bitcoin and the underlyin...

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Adventures in Finance 17 - Demographics Are Destiny

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Neil Howe isn't only a household name for finance-types, he coined the term "Millennials" and literally wrote the book on generational analysis. This week, he shares his insights on where we stand in ...

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Adventures in Finance 16 - Having Reservations: US Restaurant Revenues Signal Recession Risk

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What if restaurant sales could predict the next recession? According to Paul Westra, Senior Research Analyst at Stifel, decades of restaurant sales data accurately predicted the last two US recessions...

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Adventures in Finance 15 - Crises, Bubbles, Scandals: Financial History Uncensored (Part 1)

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"The farther back you can look, the farther forward you are likely to see", Sir Winston Churchill. Men and women of historical significance understood the importance of history. Tim Price, partner and...

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Adventures in Finance 14 - Feeding the Future: Debt, Demographics, & Dinner Plates

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The agricultural industry sustains human life but is taken for granted and is subject to volatile cycles. Alan Boyce, former Soros Fund Management Director and Agtech investor, talks us through the bi...

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