It has been a wild few weeks in markets.
By last week, the S&P 500 had wiped out all its gains since Election Day – $3.4 trillion in value. When Trump was asked about the possibility of a recession over the weekend, he said the US was in a “period of transition.”
Then on Monday, the Nasdaq 100 saw its worst day since 2022, tumbling 3.8% and extending a selloff that has put it into correction territory.
On today’s Big Take podcast, Bloomberg’s Charlie Wells and host Sarah Holder discuss whether the Trump bump has become the Trump slump — and what this moment of market volatility means for your money.
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