Viewsroom: Fear factor
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 5 March 2020
⏱️ 24 minutes
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| 0:00.0 | The views expressed on this podcast are those of the participants, not of Roiders News. |
| 0:10.2 | Welcome to the Views Room, a weekly podcast brought to you by Royder's Breaking Views. |
| 0:14.5 | I'm Jennifer Sabah. |
| 0:15.8 | Joining me here in the New York-based studio is Anna Shamansky. |
| 0:19.5 | Hello, Anna. |
| 0:20.4 | Hello. |
| 0:22.6 | And on the horn from San Francisco is Gina Chan. Hi, Gina. Hey, guys. So we are going to try and tie together many newsworthy |
| 0:29.2 | threads in this edition. The coronavirus, the recent Fed rate cuts, and just for good measure, |
| 0:35.3 | we're going to throw on the results of the latest contest of |
| 0:37.7 | the Democratic primary, known as Super Tuesday. |
| 0:41.2 | But later in the program, we're going to toss the mic to our Asia-based friends, Katrina |
| 0:45.9 | Hamlin and Jeff Goldfarb, who are going to take you through viral mat clauses in China. |
| 0:51.4 | So on that note, let's start with the coronavirus. |
| 0:54.1 | Last week, the S&P 500 index had its |
| 0:56.7 | biggest drop since 2008, and that was on fears that the latest global outbreak is going to only |
| 1:02.4 | get worse. Yesterday, the U.S. Federal Reserve made a surprise rate cut. Anna, what was so unusual |
| 1:08.4 | about that? So the rate cut was 50 basis points, and it was also not at a meeting. |
| 1:15.3 | It was in between meetings. |
| 1:17.3 | So in the last time we've seen a 50 basis point cut in between meetings was around the financial |
| 1:22.1 | crisis. |
| 1:22.7 | Again, another marker for the financial crisis. |
| 1:24.9 | Yes. |
... |
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