
Investing Experts
Wall Street's freaky season, trading updates and China's disappointing data
Aug 21, 2023
Discussion on Wall Street's freaky season and China's disappointing economic data. Analysis of key resistance on 10 year U.S. Treasury yield. Insights on market timing, trading updates, and portfolio offense and defense.
34:54
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Quick takeaways
- Wall Street is experiencing increased activity and volatility in August, defying the traditional lull associated with this month.
- The uncertainty surrounding China's economic data and changing relations with the US could have global commerce and stock market implications.
Deep dives
Market Activity in August: Unusual Summer Trends
The podcast hosts discuss the recent market activity in August and how it defies the traditional lull that used to be associated with this month. Wall Street is showing signs of increased activity and volatility, which is uncommon for this time of year. They mention Jackson Hole as a potential factor contributing to the market's current behavior. Although there is news and movement, the hosts note that trading can still be slow and uneventful during certain times of the day.
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