Skip to content
TrackPodcasts
businessMay 6, 202248:22pending

MM064: Why have stocks tanked this week?!

Market Maker

About this episode

On Thursday, the Nasdaq closed the session down 5%, marking the biggest single-day plunge since June 2020. YTD stocks like Netflix are now down nearly 70% and even tech giant Amazon has shed over 30% in the past four months.


So why has the selling pressure intensified this week? What should we take away from the comments from Fed Chair Jerome Powell at the FOMC meeting and is a recession now all but a foregone conclusion?


In this episode, we aim to address these questions and tackle the big one - What happens next?!


Piers LinkedIn https://www.linkedin.com/in/pierscurran/

Anthony LinkedIn https://www.linkedin.com/in/anthonycheung10/


Market Maker daily newsletter https://amplifyme.com/market-maker

Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator


Hosted on Acast. See acast.com/privacy for more information.

Get every episode summarized

Each time Market Maker publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

MM064: Why have stocks tanked this week?!

Market Maker

0:00
48:22

More episodes

More from Market Maker

View all episodes →