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

Daybreak with Anton

#111 - Summer Stock Market Selloff Continues

04 Sep 2024

Description

After a long Labor Day weekend, investors started the first trading day of September by selling.  The reason floated out by the main media for the selloff is investors skittish about the S&P Global US Manufacturing Purchasing Manager's Manufacturing Index (PMI) report released this morning.  Apparently, investors were rattled hearing the same information from last week's Federal Reserve of Philadelphia Manufacturing (FRPM) index that dropped in August and down from the three months high reached in July.  The S&P Global PMI index declined in August and was the first month in 2024 with a reduction of production, sales, and demand.   Read in this issue our review of these reports and our analysis of today's stock market selloff. 

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.