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MM066: Apple the next BIG short & is ESG a scam?!

MM066: Apple the next BIG short & is ESG a scam?!

FromMarket Maker


MM066: Apple the next BIG short & is ESG a scam?!

FromMarket Maker

ratings:
Length:
49 minutes
Released:
May 19, 2022
Format:
Podcast episode

Description

The Dow dropped 1,100 points on Wednesday, marking its biggest decline since 2020 as the sell-off this year on Wall Street intensifies. Is this the beginning of the end or are we just getting started?In this episode, Piers and I look at some troubling signs from US retailers Target and Walmart this week and what their performance tells us about the macro environment.Meanwhile, one of the biggest headlines for single stocks was that the infamous investor Michael Burry of the 'Big Short' now has Apple in the crosshairs. Find out how his hedge fund is executing his bearish view in what he has described as the "greatest speculative bubble of all time in all things". Finally, we talk ESG. A relatively new investment class in the asset management world, we look at where it sits in the investment spectrum and why Elon Musk thinks it's a scam!Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
Released:
May 19, 2022
Format:
Podcast episode

Titles in the series (100)

Your weekly one-stop shop. From recapping the major themes in markets that week, to the latest career tips and insights from industry experts. Whether you are a trader, investor or an aspiring student looking to enter a career in financial markets, we've got you covered! Hosted on Acast. See acast.com/privacy for more information.