Episode Details

MRKT Matrix - Thursday, August 7th

• Dow tumbles 300 points, giving up 300-point morning gain (CNBC)
• Waller Emerges as Favorite for Fed Chair Among Trump Team (Bloomberg)
• White House Prepares for Trump to Nominate Miran to Fed (Bloomberg)
• Stagflation Concerns Ripple Through Wall Street as Tariffs Hit (Bloomberg)
• US Continuing Jobless Claims Rise to Highest Since End of 2021 (Bloomberg)
• Trump to Sign Order Easing Path for Private Assets in 401(k)s (Bloomberg)
• Trump Urges ‘Conflicted’ Intel CEO Tan to Resign Immediately (Bloomberg)
• Auto Industry Takes $12 Billion Hit From Trade War (WSJ)
• Companies are monitoring and enforcing office attendance at the highest rate in 5 years (CNBC)
• Russia Says Putin-Trump Summit to Take Place Within Days (Bloomberg)
• Bank of England Cuts Rates After Tight Vote (WSJ)

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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