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TOP NEWS | On today’s Daily Signal Top News, we break down:
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Slow job growth in the U.S. and interest rate cuts in Japan triggered a global stock market sell off on Monday. WSJ’s Nick Timiraos breaks down how it happened, what it says about the economy, and what it means for the Federal Reserve’s long-term goal of a soft landing.
Further Listening:
-Live from Seattle: A Weird Economy + Election = ??
-Why the Fed Is Steering Away From Rate Cuts
Further Reading:
-Market Selloff Upends Fed Rate-Cut Calculus
-Lousy Jobs Report Forces Fed to Reckon With Hard Landing
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Host Jennifer Sanasie breaks down the news in the crypto industry from Binance challenging a $86 million tax showcause in India to Ronin's pause after a white hat hack.
To get the show every day, follow the podcast here.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Binance challenged a nearly $86 million tax showcause notice from India's Directorate General of Goods and Services Tax Intelligence. Plus, bridging service Ronin was paused after a white hat hack, and spot ether ETFs recorded net inflows of nearly $49 million on Monday despite the slump in ETH.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
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Jeremy Siegel, a professor at Wharton and the author of Stocks for the Long Run is ready for an emergency rate cut.
(00:21) Jim Gillies and Ricky Mulvey discuss:
- Being a buyer of stocks when others are forced to sell.
- Signs that the economy is fraying, and reasons not to panic.
- Celsius’s quarter.
Plus, (17:51) Alison Southwick and Robert Brokamp answer listener questions about bond ETFs, asset allocation, and Social Security.
Companies/tickers mentioned: KTB, AAPL, CELH, SCYB, USHY
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Host: Ricky Mulvey
Guests: Jim Gillies, Alison Southwick, Robert Brokamp
Producer: Mary Long
Engineers: Dan Boyd, Tim Sparks
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The latest price moves and insights with Jennifer Sanasie.
To get the show every day, follow the podcast here.
CoinDesk's Jennifer Sanasie weighs in on the recent rebound of the crypto markets following the plunge in stocks due to growing recession fears in the U.S. Plus, impact of economic downturns on digital assets, with a focus on increased volatility and liquidity concerns.
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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.