19 min listen
SQUAWK BOX, TUESDAY 14TH JUNE, 2022
ratings:
Length:
28 minutes
Released:
Jun 14, 2022
Format:
Podcast episode
Description
The S&P 500 plunges into bear market territory while the 10-year Treasury yield spikes to decade highs. Goldman Sachs and JP Morgan adjust their outlooks ahead of an expected 75-bps rate hike while the CME puts the odds of such a Fed move at more than 95 per cent. Morgan Stanley CEO James Gorman believes the chance of a U.S. recession now stands at 50-50. And in crypto news, Bitcoin sinks to below $21,000 as frozen withdrawals spook investors, wiping out more than $200bn from the market since Friday’s session. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 14, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 12th MARCH, 2019 by Squawk Box Europe Express