Corrie Driebusch
speaker
416 appearances
8 recordings
1 series
first heard Oct 2018
last heard Oct 2024
Corrie Driebusch’s voice in public audio — every appearance, attributed to the second.
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Appearances
which means financial advisors or savvy investors, if they manage their own money, will look at their portfolio holdings, see what's lost some money, and say, you know what, I'm going to sell it and book those losses because then they're tax write-offs.
So we're seeing a lot of the losers sell more than maybe we would have seen before.
So that also is compounding on this.
Exactly.
It's funny.
I cover the stock market for the journal every Friday and started thinking about, wow, we've had some really bad Fridays.
And it's been pretty consistent.
So we had our Dow Jones market data team run some numbers for us.
And actually, the rolling average decline or gain, it's a decline right now for Fridays going back the last 12 weeks is
is the worst kind of 12-week rolling average that we've seen in years.
So this has been going on kind of since October, since the beginning of October when we started seeing this sell-off.
And it's not just weekends.
If you remember, I believe it was last Tuesday before the stock market closed for the funeral of George H.W.
Bush, former president,
We also saw the stock market sell off a lot.
It's really any day that we know the market is going to be closed, but there could be developments.
Nobody wants to be long going into that because we see developments happen.
We see our president tweet out news that could potentially shake things up.
And it doesn't matter if it's a Saturday at 10 a.m.
or any day of the week.
Showing 281–300 of 416 · page 15 of 21
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