Daily Briefing – September 30, 2020

Real Vision managing editor Ed Harrison hosts Peter Boockvar, chief investment officer of Bleakley Advisory Group and editor of The Boock Report. Boockvar shares his macro analysis on what he calls “the pain trade:” companies that have been the most hurt by COVID-19 and have the most to gain from re-opening. Boockvar and Harrison review the latest economic data and discuss what is and what is not priced into the markets. Boockvar also discusses banks as the ultimate value trap and why they may be poised for an ultimate turnaround should the long-end of the yield curve tighten. Real Vision reporter Haley Draznin breaks down two major technology companies, Palantir and Asana, and their direct listings on the NYSE today and how this could reshape the IPO market.