Bloomberg Businessweek

Market Meltdown Recap

Aug 6, 2024
Joe Saluzzi, Partner and Co-Founder of Themis Trading, provides keen insights into the recent stock market meltdown. He discusses the root causes of market volatility and the effects of central bank policies. Saluzzi emphasizes the implications of 24-hour trading, especially concerning retail investors' behavior. He also evaluates the stability of the markets, weighing potential Federal Reserve responses against historical trends, and explores the divergent performances of mega-cap versus smaller stocks, highlighting investor sentiments towards dividend-paying opportunities.
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