The Stock Markets in Major Correction ModeCreated: 3rd Mar 2020
What a difference a week makes. Thursday was the biggest daily fall in points terms, with the VIX second biggest weekly increase on record since 2008. The markets are finally pricing in the risk of Covid-19, as we discussed in last week’s session, leading to some significant falls in global stock markets. In today’s session, Adrian and Jerry discuss these falls, and the significant falls experienced in Chinese affected currencies such as NZD and AUD, and the Oil related CAD. They also cover how and (more importantly) why currencies like the EURO, YEN and US Dollar are moving too. It has been a major risk – off week, leading to some significant opportunities, especially on the short term charts. Listen we hope you’ll learn a lot.
Category: Podcast