Everything Everywhere Is Crashing (Here Are The Shocking Details)
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 5 August 2024
⏱️ 39 minutes
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| 0:00.0 | Hello, fellow Robo capitals, hope you're well. |
| 0:02.0 | So you've got a lot to talk about. |
| 0:05.0 | When I wrote this title, I wasn't kidding. |
| 0:08.0 | Everything, everywhere is crashing. |
| 0:12.0 | It all started last week, I'm sure you guys have been watching the |
| 0:15.6 | videos you've been paying attention to the news and then last night when |
| 0:19.1 | Japan opened up that stock market continued to collapse and there's some just really |
| 0:27.2 | interesting dynamics happening right now with global macro with the dollar |
| 0:31.6 | and the yen and this carry trade which could be the main |
| 0:36.5 | factor in this stock market crash that we have been seeing over the last few days and we'll have to see how it plays out today. |
| 0:45.3 | At one point in time in the market opened this morning the Dow is down 1,200 points. |
| 0:50.0 | Now the volatility has been extreme, not just in the stock market, but in the bond market as well. |
| 0:57.5 | We're going to go over all of this, but the first thing that I want to do, to really go over kind of everything that's happening because it's like a |
| 1:03.9 | fire hose and it's changing so quickly it's really hard to kind of keep track of |
| 1:10.4 | it all. So the first thing I want to do is go to my Twitter feed because the |
| 1:16.8 | twos and the tens uninverted. I think that's probably the biggest news of the day. |
| 1:22.1 | Forget what's happening in the stock market |
| 1:24.4 | you guys know for me it's really all about the Treasury market and it of course it inverted due to a bull |
| 1:31.7 | steepner now the inversion has gone back to 10 basis points. It always |
| 1:36.7 | does this. It always inverts just slightly and it goes right back up and then it kind of goes |
| 1:41.4 | back and back and kind of trends lower and |
| 1:43.4 | trends lower we'll have to see where the day ends and then sometimes you just |
... |
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