Daily Briefing - May 13, 2020
Real Vision's senior editor Ash Bennington sits down with managing editor Roger Hirst to discuss the latest in macro, markets, and coronavirus. They dive into the psychological and economic repercussions that the shutdown has had on both New York City and London. They also talk about how the Fed's intervention in markets has played a role in supporting asset prices, the level of uncertainty about where they will go in the future, and why currency markets are the optimal place to express a macro position. In the intro, Peter Cooper examines businesses that are considering cutting back on physical office space and how that could turn into a secular trend that devastates commercial real estate.