Lots More on Solving the Mystery of the Big Market Selloff

2024-08-06 · 28 min · 13 entities

episode page audio

Asserted relationships

→ appeared on Odd Lots podcast

0.63

evidence rules-v4
Lots More on Solving the Mystery of the Big Market Selloff
→ discusses Business concept

0.40

evidence rules-v4
Feed category: Business
→ discusses News concept

0.40

evidence rules-v4
Feed category: News
→ discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
→ discusses News Commentary concept

0.40

evidence rules-v4
Feed category: News Commentary
→ hosted by Bloomberg company

0.40

evidence rules-v4
Feed author/publisher: Bloomberg
→ discusses Business News concept

0.40

evidence rules-v4
Feed category: Business News

Entities found in this episode

concepts 9

mentioned Business concept

0.50

evidence rules-v4
Feed category: Business
mentioned Investing concept

0.50

evidence rules-v4
Feed category: Investing
mentioned News Commentary concept

0.50

evidence rules-v4
Feed category: News Commentary
mentioned Business News concept

0.50

evidence rules-v4
Feed category: Business News
discusses Business concept

0.40

evidence rules-v4
Feed category: Business
discusses News concept

0.40

evidence rules-v4
Feed category: News
discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
discusses News Commentary concept

0.40

evidence rules-v4
Feed category: News Commentary
discusses Business News concept

0.40

evidence rules-v4
Feed category: Business News

companys 2

mentioned Bloomberg company

0.70

evidence rules-v4
Feed author/publisher: Bloomberg
hosted by Bloomberg company

0.40

evidence rules-v4
Feed author/publisher: Bloomberg

persons 1

mentioned Lots More person

0.66

evidence rules-v4
Lots More on Solving the Mystery of the Big Market Selloff

podcasts 1

appeared on Odd Lots podcast

0.63

evidence rules-v4
Lots More on Solving the Mystery of the Big Market Selloff

Episode description as stored

The S&P 500 has plunged more than 5% over the past couple of trading days. The Nasdaq 100 is down 7%. The Nikkei fell an astonishing 13% on Monday and then triggered a circuitbreaker as it climbed up 10% on Tuesday. Meanwhile, measures of equity market volatility like the VIX have soared to their highest levels since the pandemic crisis of 2020. So what’s behind all these dramatic moves? There’s a long list of culprits, with market participants blaming everything from the Federal Reserve being behind the curve, to the deteriorating labor market and softer-than-expected payrolls data on Friday, as well as the unwinding of the yen carry trade, the bursting of the AI bubble, and the reversal of short-volatility trades. In this emergency episode of Lots More , we speak to Charlie McElligott, cross-asset macro strategist at Nomura, about what caused the selloff and how long it might last. Read More: $6.4 Trillion Stock Wipeout Has Traders Fearing ‘Great Unwind’ Is Just Starting Risky Borrowers Discover Doors Are Closing in Bond, Loan Markets Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.