Why so down, S&P 500?
Despite a strong economy, the market is 10% off its high. Why?
Unhedged · Financial Times & Pushkin Industries
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Show Notes
GDP numbers are strong. Wages are strong. Household debt is relatively low. So why is the stock market so blue? Since July 31, it is down 10 percent – formally a “correction” – and that includes the strong performance of the seven Big Tech stocks. What gives? Today on the show, we look at three factors putting the brakes on a boom. We also go long our own listeners, a few of whom Katie bumped into at a wedding in Ireland.
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Read a transcript of this episode on FT.com
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