EPISODE · Aug 7, 2024 · 24 MIN
Money and Me: Market meltdown and your portfolio
from Your Money with Michelle Martin · host MONEY FM 89.3
Join Michelle Martin in conversation with her guest, Cheng Chye Hsern, Head of Investment, Providend. Global markets faced a severe downturn on Monday, with significant losses from New York to Tokyo. The VIX, Wall Street's "fear gauge," saw a historic spike, indicating heightened market volatility. Japan's Nikkei 225 suffered its biggest drop since 1987, exacerbated by fears of a US economic slowdown. Cheng Chye Hsern analyzes the factors behind these market movements, the implications of high P/E ratios, and potential portfolio strategies for investors amidst the chaos. See omnystudio.com/listener for privacy information.
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Money and Me: Market meltdown and your portfolio
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