Growth’s Eye-Popping Snapback and the $86 Billion Pension Bailout

DB-Mar10,2021: Real Vision editor Jack Farley hosts managing editor Ed Harrison to process the astonishing resistance rally in technology and growth stocks with high duration such as Tesla ($TSLA), Peloton ($PTON), DocuSign ($DOCU) and Zoom Video ($ZM). Jack notes that Tesla posted the 3rd biggest daily return in the history of the company, and Ed interprets the pause in the U.S. Treasury sell-off as gold staged a recovery and oil and copper lost the bid. The pair analyze the inclusion in the latest U.S. stimulus package of $86 billion worth of relief for failing pensions, and Ed shares why this bailout might prove a dangerous precedent. Lastly, Ed and Jack analyze the latest data showing that retail comprised a plurality of volume in the U.S. equity market as well as what the most frequented pages on RobinHood indicate about the rise of the retail trader. Learn more about your ad choices. Visit megaphone.fm/adchoices