Read more on this subject: Stock Market
News Story Source: World Alternative Media -Tim Picciott-John Sneisen
FIND WAM MERCHANDISE HERE:
It's been another WILD week in the markets, as widespread fear over pandemic, toilet paper shortages, and possible economic collapse loom heavy.
In this episode, Tim and John examine what's behind the recent market volatility, and what to consider when examining their weekly/monthly performance.
In the past week, almost every global market began to implode, and the volatility has been palpable. Although stocks are a bit higher than the previous week's lows, they appear to be moving toward testing those lows again, potentially this Friday.
Crypto has moved up again and bitcoin is now sitting about $500 higher than it was at the end of last week. Gold is on the way to having its best weekly performance since 2008.
The FED, Bank of Canada, and The Reserve Bank of Australia all cut interest rates to stop the capital outflows and boost their markets as an economic slowdown took hold. Those me
Read More or Make a Comment