27 min listen
MM078: China slowdown & the revenge of the meme stocks
FromMarket Maker
ratings:
Length:
59 minutes
Released:
Aug 19, 2022
Format:
Podcast episode
Description
In this episode, we focus on the increasing economic challenges being felt in China, who earlier this week surprised the market and cut interest rates for the first time since the beginning of the year. We look at why things are so bad and what might happen next.Next, we turn our attention to the return of the meme stock craze with reports suggesting that short sellers have lost an estimated $1.65bn in this month alone. But what exactly is a 'short squeeze' and a 'call option' and who the hell is Jake Freeman, the 20-year-old college student who made $110mn trading Bed Bath & Beyond!As ever, you can also expect the regular wrap-up of this week's major stories from Warren Buffett increasing his stake in Apple to Elon Musk briefly causing a 17% spike in Man United shares.Daily newsletter https://amplifyme.com/market-makerFree 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:
Aug 19, 2022
Format:
Podcast episode
Titles in the series (100)
MM008: Will the Fed 'twist' again: In this week's episode, we talk about the sequence of policy steps the Fed has at its disposal and why the gradual process of normalising policy poses risks to the sustainability of the post covid recovery. by Market Maker