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Jill on Money with Jill Schlesinger

Investing During Volatility

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.61.9K Ratings

🗓️ 6 August 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

Stock markets plummeted in Europe and Asia, including a huge drop in Japan, over fears of a U.S. recession in the wake of a weaker-than-expected jobs report. How does this impact you? I joined CBS Mornings to discuss.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

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0:00.0

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0:30.6

Welcome to the Jill on Money Show. It's Tuesday, August 6th, and here we are. It feels like old times gang, another big breaking news stock sell-off. I always know that the market is not

0:47.4

doing well when my phone lights up. Let me see what time they actually called this morning. Hmm, let me see.

0:55.0

2.36, how about that Mark?

0:57.7

2.36 a.m.

0:59.2

for the first time they called me.

1:00.6

I didn't see it.

1:01.4

I was sleeping. But anyway there was a big sell-off overnight and we

1:07.6

woke up to this idea that the stock market was you know just tumbling down following up on Fridays sell-off from the jobs report.

1:15.9

That's why we did this on Monday.

1:17.8

When we were talking to you on Monday, I said, oh I better do another time where we're just

1:21.3

talking about the stock market and give you

1:23.0

some reference. So over the weekend a few things happened. We had a terrible

...

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