IAAC for 17th June 2021 - Flat and covid19
(Edited)
talk about markets being very flat in the last 24 hours and about the covid19 delta variant.
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talk about markets being very flat in the last 24 hours and about the covid19 delta variant.
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The video starts with Bradley discussing the current state of the market, mentioning that Bitcoin is still around the $39k mark and there isn't much news regarding it. He expresses surprise that Hive is still around the 34 cent mark despite expecting it to be close to a dollar by now. Bradley then transitions into talking about the COVID-19 situation, particularly focusing on the Delta variant. He mentions how cases are rising in the UK and how the variant is spreading worldwide, including in Canada and the US. Bradley speculates about the future, predicting a return to lockdown by the last week of July due to the Delta variant's impact. He also discusses vaccination rates in Canada and the challenges posed by the variant for fully vaccinated individuals. Bradley reflects on historical events like the Spanish flu of 1918, highlighting the risks of premature celebration and lack of learning from past mistakes. He expresses his understanding of the desire to reopen the economy but criticizes the ongoing cycle of lockdowns and reopenings, advocating for a potential solution of a three-week global shutdown to eradicate the virus.
In summary, Bradley's video covers the stagnant market conditions for cryptocurrencies, concerns about the Delta variant's impact on the global COVID-19 situation, vaccine challenges, historical parallels, and his views on potential strategies to combat the virus effectively. The episode offers a mix of financial observations, pandemic analysis, and cautious predictions for the future.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested and/or approved by the channel owner.