Daily Briefing – June 26, 2020
Fri, 06/26/2020 – 19:25
Senior Editor Ash Bennington receives Ed Harrison, Managing Editor, to discuss Wall Street pain day, as the coronavirus shows no signs of softening, and the usually cautious Federal Reserve issued an alarming mandate to large-cap banks. Ed and Ash also flesh out their thoughts on a potential “double recession” and the second wave of coronavirus. In the introduction, Jack Farley looks at the COVID-19 data and analyzes the gloomy results of the “stress test” of the Fed banking sector.