Stocks stumbled as December opened, with a sharp drop in Bitcoin dragging risk sentiment lower.
Christine Short, Vice President of Research, Wall Street Horizon discusses what this bout of volatility really means. We explore whether the pullback marks a brief pause in the broader bull run or hints at deeper pressure on growth assets, why rising yields are clashing with expectations for Fed rate cuts, and how weakening manufacturing data fits into the macro picture. She also breaks down the surprising strength of holiday spending despite record-low consumer sentiment and highlights the key inflation and jobs data in the weeks ahead that will determine whether this downturn becomes a buying opportunity or the start of a broader correction.
Produced/Presented: Ryan Huang
Image: Gino Crescoli from Pixabay
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Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek