Episode Details

MRKT Matrix - Wednesday, April 16th

• Nasdaq drops 3% as tech sell-off accelerates (CNBC)
• Global Tech Stocks Drop as ASML Warning Adds to Nvidia Curbs (Bloomberg)
• Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth (CNBC)
• Bank of Canada Sees Year-Long Recession in All-Out Trade War (Bloomberg)
• Treasury Secretary Scott Bessent to Yahoo Finance: Not all tariff deals will be done in 90 days (Yahoo Finance)
• China Open to Talks If US Shows Respect, Names Point Person (Bloomberg)
• Top Forecasters Warn Housing Market’s Days of Big Gains Are Over For Now (Bloomberg)
• U.S. vehicle supply is falling amid tariff fear-buying (CNBC)
• Trump’s tariffs on Chinese parts for Cybercab, Semi disrupt Tesla’s US production plans, source says (Reuters)
• Lyft to buy taxi app Free Now for $200 million to expand into Europe (CNBC)
• OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf (CNBC)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs