The Week in Markets: Intense start to August
This episode was recorded on August 5, 2024.The intensity of the selloff in markets has taken many investors by surprise, with Japan's Nikkei index tumbling around 18% in the past 5 days. Weaker than expected US labour data also triggered the Sahm rule, a signal of recession, and has spooked US equity markets as well.This episode is presented by Jen-Ai Chua, Equities Analyst at Julius Baer.