Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on.
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On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row.
He discusses the factors contributing to the trouble, including:
- A normal correction from too-high valuations
- The return of COVID-19 lockdowns
- The end of easy recovery gains
- Diminishing likelihood of a stimulus bill
- Election volatility
This week on The Breakdown:
Friday | Sven Henrich on the Ever-Weakening Economic Cycle
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