Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Luke Vargas

👤 Speaker
5921 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

But in a sign of potential stabilization, gold and silver prices have halted a slide that had gained steam over the weekend.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Here with more is Wall Street Journal markets reporter Chelsea Delaney.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Chelsea, bring us up to speed here.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

A week ago, this metals rally had seemed practically unstoppable, but we've seen a big unwinding, to put it mildly.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

What's going on?

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

As you mentioned at the top, this is really about metals.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Friday, truly a bloodbath for silver and gold, posting their worst one-day sell-off since the 1980s.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Though this seems to be affecting a lot of assets beyond silver and gold.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

I mean, is there anything that's not selling off right now and why?

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Is that kind of the reassurance probably many retail investors are looking for if they're worried, listening to all this, that a major correction is beginning to take shape?

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

That was Journal Markets reporter Chelsea Delaney.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Chelsea, thank you so much.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

The U.S.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

government is beginning the week partially shut down.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

The Senate passed a funding package to keep the lights on late Friday, but the House still needs to approve it, and its success there is far from given.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

House Minority Leader Democrat Hakeem Jeffries called the Senate deal, which extends Department of Homeland Security funding for two weeks,

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

in order to allow for talks on reining in enforcement operations a step in the right direction.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

However, he said that many House Democrats believe that even two weeks of DHS funding is too much and are demanding a series of changes to DHS operations, as he explained on ABC's This Week with George Stephanopoulos.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Speaking on NBC News' Meet the Press, Republican House Majority Leader Mike Johnson called some of those requests reasonable, but pushed back on the requirement for judicial warrants, as well as calls for no masks.

WSJ What’s News
Will Market Turbulence Spread Beyond Metals?

Johnson will need to keep almost all Republicans on board to end the shutdown in the coming days.