Market Crash? The Mag7, Unemployment, and the Japan Carry Trade...

*This video was recorded the week of August 5th, 2024*

Last week was a rough one for investors.

The S&P500 is down 300 points from its high... 📉
The Nikkei Index (Japan) is down 6% in a day... 📉
The Mag7, tech stocks and Bitcoin are bleeding... 📉

What is going on? Is the stock market crashing? And what does Japan have to do with it?

Today, we're covering:
👉🏼 3 reasons (Easy, Intermediate, Advanced) why the stock market tanked last week
👉🏼 What we should do as investors (*its not what you think)
👉🏼 What comes next and what I'm watching for

Chapters:
00:00 - Intro
01:00 - Big Tech Earnings Misses
02:12 - Mag7 Concentration
03:35 - Unemployment and the Fed
08:43 - The USD/JPY Carry Trade
13:34 - What Should We Do?
15:47 - What Happens Next?

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#finance #wealth #money #stockmarket #marketcrash #recession #investing