U.S. Markets close in 5 hrs 41 mins
  • S&P 500

    3,672.94
    -71.58 (-1.91%)
     
  • Dow 30

    29,478.31
    -448.63 (-1.50%)
     
  • Nasdaq

    10,788.19
    -285.12 (-2.57%)
     
  • Russell 2000

    1,712.62
    -39.89 (-2.28%)
     
  • Crude Oil

    90.05
    +1.60 (+1.81%)
     
  • Gold

    1,702.50
    -18.30 (-1.06%)
     
  • Silver

    20.16
    -0.50 (-2.42%)
     
  • EUR/USD

    0.9761
    -0.0034 (-0.3514%)
     
  • 10-Yr Bond

    3.9000
    +0.0740 (+1.93%)
     
  • Vix

    31.76
    +1.24 (+4.06%)
     
  • GBP/USD

    1.1110
    -0.0059 (-0.5244%)
     
  • USD/JPY

    145.1760
    +0.1080 (+0.0744%)
     
  • BTC-USD

    19,648.19
    -343.37 (-1.72%)
     
  • CMC Crypto 200

    447.57
    -7.46 (-1.64%)
     
  • FTSE 100

    6,965.27
    -32.00 (-0.46%)
     
  • Nikkei 225

    27,116.11
    -195.19 (-0.71%)
     

Bulls vs. Bears: Who Wins This Epic Showdown?

U.S. equity indexes followed Bitcoin lower at Monday’s open, trading well in the red as investors continued to price in Federal Reserve Chair Jerome Powell’s short but stern message that the central bank will tighten monetary policy until inflation is beaten. The yield on the two-year U.S. Treasury note surged to a 15-year high, and we’re now witnessing the deepest inversion between the two-year and the 10-year U.S. Treasury note in more than 20 years. And September – historically the worst month for stocks – is just around the corner. “Tightening should only worsen the potential for a major breakage in credit,” notes Mark Ritchie II, “and the Fed’s refusal to pivot in the short run should produce some more potential fireworks to the downside.” Ritchie II, a managing partner at RTM Capital, joins Real Vision’s Maggie Lake to talk about the epic battle brewing between bears and bulls and whether U.S. stocks are going to make another run at the lows. We also hear from Vincent Deluard about the energy crisis in Europe. Watch the full conversation featuring Vincent Deluard and Maggie Lake here: https://rvtv.io/3PX0mEz.