Pump the Brakes: The Stock Market and COVID-19
Skimm This
theSkimm
4.5 • 3.6K Ratings
🗓️ 9 March 2020
⏱️ 14 minutes
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Transcript
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| 0:00.0 | It's Monday, March 9th. |
| 0:03.1 | Welcome to Schim this. |
| 0:04.4 | We're breaking down the most complex stories of the day and giving you the context on why |
| 0:08.3 | they matter. |
| 0:09.3 | Today, the markets took a nose dive. |
| 0:12.3 | So much so that Wall Street found the breaks and stepped on them. |
| 0:15.5 | We'll explain what the hell happened today. |
| 0:18.3 | Then we'll tell you why the US government is actively trying to prevent people from booking |
| 0:22.7 | their dream cruise vacation. |
| 0:24.8 | And finally, what does a day without women look like? |
| 0:27.7 | Today, Mexico City found out we're here to make your evening smarter. |
| 0:32.4 | Let's skim this. |
| 0:39.0 | Today's episode is brought to you by Panera's Unlimited Coffee Subscription. |
| 0:43.1 | Your cup is always full. |
| 0:48.2 | Stock markets aren't open over the weekend. |
| 0:51.0 | So if someone wants to buy or sell stocks, they have to wait until 9.30 a.m. on Monday |
| 0:55.8 | to get in on the action. |
| 0:57.6 | And even ring a bell on Wall Street to kick off the fun. |
| 1:00.6 | Or in today's case, the panic. |
| 1:02.6 | Three minutes into the session down and down hard, the biggest of a natural fallout is immense. |
| 1:07.8 | It's really pretty incredible, John, the selling pressure that we are seeing today. |
| 1:10.8 | What a morning. |
... |
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