Daily Briefing - October 20, 2020
Senior editor, Ash Bennington, joins Thomas Thornton, founder of Hedge Fund Telemetry, to discuss earnings, stimulus intervention, and investment time horizons. Thornton talks about how, despite stronger Q3 earnings, Q4 could demonstrate a pullback and whether the upcoming U.S. election could serve as a catalyst either to upside or downside. He also shares his thoughts on stimulus intervention and the hazards of MMT as well as on how he thinks about managing positions and time horizons. Thornton and Bennington also touch on the energy and financials sectors and how the election outcome could affect these sectors. Thornton also describes how he analyzes different sectors through technical indicators and how technicals enhance the way he invests. Real Vision reporter Haley Draznin breaks down the markets reaction as lawmakers continue efforts to reach a spending bill and weighs in on the Fed’s cautious approach to possibly issuing digital currency.