Send us a textThis Monday was one of the worst days for global stock markets in years, Stocks in the US, Europe and Japan tanked on Friday and again on Monday before a partial rebound. Bond yields and foreign exchange rates swung around wildly too.The Magnificent seven stocks lost about $1 trillion dollars in value in just two days. So, what exactly is going ... Show More
Aug 15
The Hidden Risk in the US-Japan Yen Rescue
In July 2026, the US Treasury did something it hadn't done since 1998: it intervened in the currency markets to prop up the Japanese yen — and Treasury Secretary Scott Bessent, a former Soros hedge fund manager, ran the trade in the strangest way possible, selling euros instead o ... Show More
31m 36s
Aug 11
Does Leopold Have Situational Awareness?
Last week, 24-year-old Leopold Aschenbrenner — former FTX staffer, ex-OpenAI researcher, and author of the viral 165-page essay "Situational Awareness" — managed to lose roughly two-thirds of his $45 billion hedge fund in a matter of weeks. The margin calls arrived during his wed ... Show More
39m 37s
Mar 2025
Stocks Wrap Up Volatile Week… And Dissecting The Tech Wreck 3/7/25
<p>Stocks bouncing back Friday after a very volatile week. The S&P posting its worst week since September as a weak jobs report, Fed comments, and more tariff headlines rock markets. So will the volatility continue? And A take on Tech, as Meta erases nearly all of its record rall ... Show More
43m 45s
Aug 2024
What Just Happened on Wall Street?
<p>Every major U.S. stock market plunged on Monday, wiping out billions of dollars in value.</p><p>Jeanna Smialek, who covers the U.S. economy for The Times, discusses what was behind the dizzying sell-off — and what it can tell us about whether America is headed for a recession. ... Show More
23m 32s
Apr 2025
Market turmoil: Are we heading for a global recession?
Today has seen chaos on global stock markets, with price plunges reminiscent of the famous Black Monday crash of 1987. Back then, the causes were unclear, whereas today there's no doubt - Trump's "liberation day" tariffs have spooked the markets.
In 1987, people feared Black ... Show More
15m 41s
Aug 2024
Episode 387: Manic Monday (Is a Recession Imminent?)
<p class="MsoNormal" style= "margin-bottom: 10.0pt; line-height: 115%;"><span style= "font-family: 'Calibri',sans-serif; mso-ascii-theme-font: minor-latin; mso-hansi-theme-font: minor-latin; mso-bidi-theme-font: minor-latin; color: black;"> On Monday, the Dow dropped 2.6%, the Na ... Show More
14m 27s
Sep 2023
Stocks Sputter to End a Rough Week, and the Chart Master Updates His “Most Controversial” Pairs Trade 9/22/23
<p>Stocks sputtering into the close on Friday with major indexes unable to hold on to early gains. What the action means as we head into what could be a crucial week for the markets. Plus, four months ago Carter Worth said to sell Apple and Microsoft and Buy Alphabet and Amazon. ... Show More
22m 55s