11 min listen
Bitcoin Down, Target (TGT) To Mark Down Items
FromSchwab Network
ratings:
Length:
11 minutes
Released:
Jun 7, 2022
Format:
Podcast episode
Description
There is a bias to the downside, there is still a lot of caution out there, says Scott Bauer. He discusses the impact of higher rates on investors. He also talks about how the U.S. dollar (/DX) rose to a 2-week high and the Reserve Bank of Australia raised interest rates by 50 basis points. He then goes over how bitcoin (/BTC) is back down below 29k. Additionally, Target (TGT) warns that profits will take a short-term hit and will mark down unwanted items. Tune in to find out more.
Released:
Jun 7, 2022
Format:
Podcast episode
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