4.7 • 1K Ratings
🗓️ 24 February 2025
⏱️ 24 minutes
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0:00.0 | Hello, fellow verbal capital. I hope you're well. We've got a lot to talk about today. The stock market down over 700 points, the worst day of 2025 so far. |
0:12.1 | And I think even more importantly, we've got to talk about consumer sentiment. The Michigan survey came out today and it plunged lower. |
0:21.6 | And then finally, we've got to talk about what the big moves are in the markets today, |
0:25.9 | not just the stock market, the bond market Bitcoin oil. |
0:29.2 | As you would imagine, this consumer sentiment survey hit the market, not of the stock market, |
0:35.5 | but pretty much every single asset class extremely hard. |
0:38.6 | So let's get into what exactly happened right now. |
0:42.5 | We're going to go over to CNBC. |
0:44.3 | And you can tell by the look on these guys' face, it looks like one of my thumbnails. |
0:48.3 | Let's check this out. |
0:49.8 | So Dow drops 700 points for, in fact, I think it's 750 for worst day of 2025 so far on new fears about |
0:58.2 | economic growth, catching the market off guard, but definitely not catching rebel capitalist |
1:03.3 | viewers off guard. |
1:05.0 | That is for sure, or anyone that's been paying attention to the yield curve. |
1:09.1 | Okay, stock sold off on Friday as new U.S. data sparked concern among investors over a slowing |
1:16.4 | economy and sticky inflation. |
1:18.7 | Okay. |
1:19.8 | I don't know about sticky inflation because if it was sticky inflation, then what would be happening to the 10-year treasury yield up and it was down moving on here losses hold on here stock sold off on |
1:32.5 | friday okay got that among investors over concern among investors or slowing economy and sticky inflation leading them in search for |
1:39.6 | safer assets right like treasuries but again we'll focus on that in a moment. |
1:46.1 | Loss is intensified into the close as traders feared staying long into the weekend. |
1:51.6 | That's never usually, never usually. |
... |
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