Episode Synopsis "Back on the big dipper"
Some insights into what caused markets to tumble last week, focusing on concerns about a second wave of the pandemic and a dovish Federal Reserve. It was a week when many stocks delivered negative returns and in relative terms it was the defensive stocks that performed best. Stocks mentioned this week include AstraZeneca, which is signing more agreements for the distribution of Oxford University's Covid-19 vaccine, and BP, which is looking to reduce its workforce by 15% and is looking to make some big write-offs in Q2. Listen to find out more.
Listen "Back on the big dipper"
More episodes of the podcast The long and short of it
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- Markets turn red on new tariff concerns
- Markets going on a summer holiday despite growing debt pile
- Back on the big dipper
- Markets on a charge, the bulls are back in town
- Looking at markets, is it now a case of sell in May and go away?
- Vaccine-related news fuels markets
- Green shoots from China eclipsed by the demise of the consumer
- The slow take off out of lockdown
- The first cut is the deepest - disappearing dividends
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