1:10 How Covid affected Jeff (read books "1984", "Looking Backward") 3:30 Warp Speed, oudoor dining, plexiglass, social distancing, Newsom French Laundry, Pelosi hair salon 9:00 Inflation, rent moratorium 11:45 Jeff property hunting (Alabama, Wyoming, Buffalo NY). Property is gangbusters 16:00 CARES Act 18:00 Campbell's Soup Index 18:50 Businesses "can't get workers" 20:20 Ribeye $50 to $80 and staying there 21:20 Recession more likely 23:00 Give away money by government is 30% of GDP 25:00 Did fed need to bailout corporate bond market? 26:10 Zero bid moments on corporates and treasuries 27:25 Deflation vs money printing to consumers 39:00 Housing market for regular people