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The John Batchelor Show

#MR MARKET: ANOTHER DOWN BEAR DAY. BRETT "BREAK THE GLASS" ARENDS.

The John Batchelor Show

John Batchelor

News, Books, Society & Culture, Arts

4.62.7K Ratings

🗓️ 9 April 2025

⏱️ 11 minutes

🧾️ Download transcript

Summary

#MR MARKET: ANOTHER DOWN BEAR DAY.  BRETT "BREAK THE GLASS" ARENDS.
1937 NYSE

Transcript

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0:00.0

The weather. Tomorrow, expect a biting cold front. Hmm, how naughty. I wonder what I'll be

0:06.8

wearing or taking off. The night will be wild and untamed. Expect heavy, lashing rain

0:13.0

that'll soak you to the skin. By Monday, temperatures will rise slowly but surely reaching

0:18.7

their peak in the afternoon.

0:23.0

Not in the mood for miserable weather?

0:25.8

Fly cheaply to Turkey with Sun Express.

0:28.7

Sun Express, non-stop sunshine.

0:37.8

This is CBS Eye on the World.

0:39.8

Here's John Batchelor.

0:45.2

I welcome Brett, break the glass errands of Marketwatch.

0:47.2

He writes a return on investment column.

0:55.6

Brett and I have made an arrangement for many years that I call upon him only when the market's crashing. This is an excellent opportunity to call upon. He's very good to help me understand what happened today as

1:01.6

opposed to the yesterday and the day before that on Friday. Brett, the puzzle for everyone today

1:08.4

is that we were looking at a relief rally about the late morning

1:14.1

and then a reversal everywhere, not only in the MAG 7 but in the S&P 493.

1:21.2

And the puzzle was what was causing it because the news hadn't changed.

1:25.4

Now we get news at the end of the day that the tariffs against China,

1:31.6

104% will go into effect on midnight.

1:34.7

Is that what moved to market or are we just looking at random events here?

1:38.2

Good evening to you, Brad.

1:39.9

Good evening, good evening.

1:41.4

And as usual, I need to apologize to all your listeners, because

...

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