It's Unlikely We've Hit A Tradable Bottom Yet | Lance Roberts & Adam Taggart
Update: 2024-08-10
Description
What a week! The unwind of the yen carry trade sent global markets into free-fall on Monday.
Equities tanked, as did Bitcoin, oil and gold. US Treasurys jumped, returning to their traditional inverse relationship to stocks.
And then...everything reversed.
Most due to central bank intervention in Japan, as well as some better than expected jobs data in the US.
So, everyone is asking: Is the sell-off over? Is now the time to buy back in?
Portfolio manager Lance Roberts doesn't think so (yet). In this week's Market Recap, we discuss why, as well as his outlook for the months ahead and his firm's recent trades.
For everything that mattered to markets, watch this week's Market Recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#investing #stocks #stevejobs
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
Equities tanked, as did Bitcoin, oil and gold. US Treasurys jumped, returning to their traditional inverse relationship to stocks.
And then...everything reversed.
Most due to central bank intervention in Japan, as well as some better than expected jobs data in the US.
So, everyone is asking: Is the sell-off over? Is now the time to buy back in?
Portfolio manager Lance Roberts doesn't think so (yet). In this week's Market Recap, we discuss why, as well as his outlook for the months ahead and his firm's recent trades.
For everything that mattered to markets, watch this week's Market Recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#investing #stocks #stevejobs
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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