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Why the Stock Market is Poised for Its Worst September Since 2011

Nathaniel Whittemore
·1 min read

Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on. 

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row.

Related: Bitcoin News Roundup for Sept. 28, 2020

He discusses the factors contributing to the trouble, including: 

  • A normal correction from too-high valuations

  • The return of COVID-19 lockdowns

  • The end of easy recovery gains 

  • Diminishing likelihood of a stimulus bill

  • Election volatility

This week on The Breakdown:

Monday | The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering 

Tuesday | Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies 

Wednesday | Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein 

Related: The 51% Attack Nightmare Scenario (Isn't That Bad)

Thursday | Did Corporate Insiders Perfectly Predict the Market Top? 

Friday | Sven Henrich on the Ever-Weakening Economic Cycle 

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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