Daily Briefing - August 5, 2020

Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss some of the latest data coming out, revealing the health of the US economy. They go over the July ADP Nonfarm Payroll number, what the disappointing results say about where the economy stands, and why the pandemic really is something to seriously consider as a market driver. They also talk about the uptick of coronavirus cases globally, the Swedish outcome and how the world gets closer to a new normal. The wrap up their discussion by discussing bifurcation, the divide between the real economy and the financial economy, and when that becomes reality becomes important to markets as well as the bifurcation between the market winners and losers during the pandemic.