An Historic Crash

from What Goes Up · host Bloomberg

It was 10 years ago this month that the S&P 500 dropped 5% in four minutes. Now, the infamous day is known as the Flash Crash of May 6, 2010, and a decade later global markets are again facing extreme volatility – albeit in a different way. Joining the “What Goes Up” podcast this week is Liam Vaughan, the author of a new book, “Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History,” to chronicle the historic day and how a 36-year-old day trader got caught in the middle of it all.Also on the episode is Jafar Rizvi, portfolio manager of Harding Loevner Global Small Companies & International Small Companies Funds, who helps explain how to navigate investing in global small cap firms in the wake of the coronavirus.Mentioned in this podcast:The Work-From-Home Trader Who Shook Global MarketsStock Market’s Winners Hint at Gloom Rather Than Quick ComebackSee omnystudio.com/listener for privacy information.

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An Historic Crash

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This episode is 44 minutes long.

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This episode was published on May 15, 2020.

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