18 min listen
BREAKDOWN: Understanding This Week's Market Whiplash, Feat. Scott Melker
BREAKDOWN: Understanding This Week's Market Whiplash, Feat. Scott Melker
ratings:
Length:
24 minutes
Released:
Feb 28, 2020
Format:
Podcast episode
Description
After weeks of not reacting to Coronavirus, the markets took a profound turn for the worse this week, leading ultimately to the fastest correction - i.e. loss of 10% - in recorded history. In this episode of The Breakdown, @NLW is joined by crypto trader, DJ, and broad market thinker Scott Melker to discuss:What the crypto markets demonstrated this weekWhat recent price action suggests about the bitcoin as a safe haven narrativeWhy it’s insane that just two weeks ago, despite tens (or hundreds) of millions of people being quarantined in the supply chain capital of the world, stock markets were printing all time highsHow we went from those ATHs to the fastest correction (10% drop) in recorded historyWhat the correction suggests for the fundamentals of our economy Why central bankers have fewer options than ever to fight economic turmoil See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Feb 28, 2020
Format:
Podcast episode
Titles in the series (100)
Notes On a Swatting by CoinDesk Podcast Network