EPISODE · Aug 6, 2024 · 12 MIN
INTERVIEW: Economist Chris Richardson on turbulence on the world's markets
from Weekend One on One
More than $100 billion has been wiped from the Australian stock exchange in its worst day since the beginning of the COVID-19 pandemic. Global stock markets painted an turbulent picture after closing on Monday and Tuesday, following speculation the US could be heading for a recession. Some analysts say these falls were corrections which had to happen after astronomical highs. SBS's Ciara Hain spoke with Economist Chris Richardson for more.
What this episode covers
More than $100 billion has been wiped from the Australian stock exchange in its worst day since the beginning of the COVID-19 pandemic. Global stock markets painted an turbulent picture after closing on Monday and Tuesday, following speculation the US could be heading for a recession. Some analysts say these falls were corrections which had to happen after astronomical highs. SBS's Ciara Hain spoke with Economist Chris Richardson for more.
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INTERVIEW: Economist Chris Richardson on turbulence on the world's markets
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