Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
Why Are Markets Crashing Today?
Posted
August 5, 2024
Views
16,658
Likes
667
Comments
75
Engagement
4.45%
August 5, 2024
16,658
667
75
4.45%
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5:52Now PlayingThe global stock market is in the midst of a rapidly intensifying sell-off after Friday's lackluster US jobs report added to concerns about the economy and on whether the Federal Reserve had waited too long to begin cutting interest rates. Of note, almost 100% of bets are on the central bank to cut rates by 0.5% by its September meeting, according to the CME FedWatch tool.
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