Latest / Markets with Megan: A Quick Financial Markets Update
What are the Drivers Behind August's Wild Market Correction? | Episode 161 | 08-06-24
This is a Special Edition of Markets with Megan today after the markets experienced an incredibly volatile Monday. Is August truly the most treacherous month for equity markets? In this episode of Markets with Megan, we dissect the recent rollercoaster ride in global equities, marked by a sharp downturn followed by a fleeting "dead cat bounce." We delve into the abyss of plunging tech stocks, a skyrocketing VIX, and dipping yields, all triggered by a labor market report that spooked investors. Additionally, we examine the ripple effects of Japan's currency interventions and the ensuing…
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