29 min listen
MM034: El Salvador's Bitcoin distraction
FromMarket Maker
ratings:
Length:
35 minutes
Released:
Sep 10, 2021
Format:
Podcast episode
Description
In this episode, I talk to the Head of Trading Piers Curran about El Salvador’s adoption of bitcoin as a legal tender and the crash in crypto we saw earlier this week. We look at the reasons behind this pioneering move but ask the question of whether it's simply a tactic for President Bukele to push his agenda. We also look at why many major Wall Street banks are turning bearish on US stocks and what would need to happen to see a meaningful correction in the S&P 500 into year-end. Hosted on Acast. See acast.com/privacy for more information.
Released:
Sep 10, 2021
Format:
Podcast episode
Titles in the series (100)
MM001: Is GameStop important for markets?: Kicking off the first episode with a look at the phenomenal rise in GameStop shares. From what happened, to what it symbolises, and whether it's important for financial markets. by Market Maker