Jobless claims are down, coronavirus cases are up and the markets simply don’t know what to do.
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This episode is sponsored by Bitstamp and Crypto.com.
On The Breakdown’s Weekly Recap, NLW explores:
- The final tally on the TikTok Doge viral campaign
- The growing geopolitical tension between China and the U.S. and where it’s manifesting
- Positive economic indicators in reduced jobless claims
- Negative economic indicators in growing COVID-19 cases and deaths
- Why bitcoin is moving sideways
- Why Treasury yields are down
- Why gold is up
This week on The Breakdown:
Monday | China Stocks Surge and NYC Real Estate Craters: 5 Stories Shaping Markets Today
Tuesday | Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel Lacalle
Wednesday | TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story
Thursday | Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020
Friday | You Can’t Fight Outrage Culture With More Outrage, Feat. Michael Krieger
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.