Market Meltdown: Is This 1999 All Over Again?
Description
Stock markets around the world are melting down as the most popular trades around A.I. and Tech are unwinding amid worries about overvaluation and signs of weakness in the U.S. economy. Paul La Monica from Barron's joins The Express to help us find the key similarities and differences between the Internet Bubble of 1999 and the A.I. craze of today. Plus, one of the most popular trades in the world is grinding to a halt as the Japanese Yen strengthens against the U.S. Dollar, and it's impacting other markets around the world, and Warren Buffett's Berkshire Hathaway has been aggressively selling some of its favorite stocks, including Apple.
LINKS FOR SHOW NOTES
https://www.investopedia.com/what-is-the-sahm-rule-8637564
https://www.investopedia.com/the-express-podcast-episode-181-8623072
https://www.investopedia.com/key-takeaways-from-berkshire-hathaway-q2-fy2024-earnings-8689932
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8688987
https://www.barrons.com/authors/paul-r-lamonica
https://twitter.com/LaMonicaBuzz
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