Akane Otani
speaker
1,333 appearances
33 recordings
1 series
first heard Aug 2017
last heard Mar 2023
Akane Otani’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
And so the fact that we're seeing business investments starting to slow is definitely not a good sign.
Although, of course, consumer spending was shown to be quite strong in the GDP print.
And that sort of, I think, helped offset some of those worries a little bit.
Well, I think a lot of investors that you talk to would blame a couple of things for the stock market's performance this month, and global growth is definitely one of them.
The IMF a couple weeks ago actually cut its forecast for 2018 and 2019, and they did cite uncertainty about tariffs as hurting the growth forecast for future years.
And with the economy being so connected to not just what's happening domestically, but what's happening abroad,
And with corporate profits really depending on the health of sales abroad as well, what happens in China in particular does matter ultimately for U.S.
stocks.
Wednesday was a brutal sell-off for the market.
We saw the S&P and the Dow both erase all of their gains for the year, which was kind of a big moment that we were all looking for.
We actually set alerts on our computers for that moment because that's really sort of the point at which you know that this sell-off has really taken off.
Yeah, that's a pattern that we've seen off and on throughout this month in particular.
And I think it all goes back to the fact that we're really seeing a pickup in volatility where we're not just seeing swings throughout the month, but we're seeing swings throughout the day and swings throughout even like 20-minute segments of the trading day.
So we've seen that a couple times this week where the Dow is down 200 points and then 15 minutes later it's down 300 points.
And then it's back up, you know, it's down 100 points and you think maybe we're going to close flat in the day, but then it doesn't.
And none of this really seems to make sense to traders that we talk to.
Like they're not seeing data that's, you know, sparking these moves or anything crossing the wires necessarily anymore.
They do say, you know, it's just a mystery because algorithmic trading, of course, we're never going to be quite sure how much that has to do with the swings that we see on an intraday basis.
And so that is definitely something that people have been watching.
That's the question of the week or the month even.
Showing 701–720 of 1,333 · page 36 of 67
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