Episode Details

MRKT Matrix - Wednesday, July 1st

• Dow closes little changed after touching record; Nasdaq slides to start July (CNBC)
• Fed Chief Kevin Warsh declines to hint at July rate decision, but says inflation ‘too high’ (CNBC)
• US Decides Against Renewing USMCA, Shifting to Rolling Talks (Bloomberg)
• U.S. auto industry faces increased uncertainty without extension of USMCA trade deal (CNBC)
• Meta Is Planning a Cloud Business to Sell AI Computing Power (Bloomberg)
• Microsoft Plans Thousands of Layoffs in Sales, Engineering, Xbox (The Information)
• Trump’s $1.4 Billion Haul Makes Him Biggest US Crypto Moneymaker (Bloomberg)

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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