EPISODE · Aug 5, 2024 · 40 MIN
Stock Market Crash - Impending Recession or Unwarranted Selloff?
from Investing in Intelligence: AI Stocks and Options · host Investing in Intelligence
The stock market has officially crashed. On Sunday night trading was halted in Japan along with 24-hour markets in the US. Crypto crashed, with Ethereum falling 25% in 24 hours. Nasdaq futures fell nearly 6% in preparation of Monday trading. Should investors buy the crash or sell stocks for the safe haven of cash? We break down the macroeconomic picture and determine whether the cracks in the labor market alone indicate an impending recession.
What this episode covers
The stock market has officially crashed. On Sunday night trading was halted in Japan along with 24-hour markets in the US. Crypto crashed, with Ethereum falling 25% in 24 hours. Nasdaq futures fell nearly 6% in preparation of Monday trading. Should investors buy the crash or sell stocks for the safe haven of cash? We break down the macroeconomic picture and determine whether the cracks in the labor market alone indicate an impending recession.
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Stock Market Crash - Impending Recession or Unwarranted Selloff?
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