Market Update – 6 Quick Points 3-8-23
Podcast |
Becker Private Equity & Business Podcast
Publisher |
Scott Becker
Media Type |
audio
Podknife tags |
Business, 
Interview, 
Investing, 
Private Equity
Categories Via RSS |
Business, 
Business News, 
Entrepreneurship, 
Investing, 
News
Publication Date |
Mar 08, 2023
Episode Duration |
00:02:22
In this episode Scott Becker discusses: Markets tanked yesterday on testimony from Fed Chair Powell that rates are going higher. The S&P 500 fell 1.53%, the Nasdaq 1.72%, and the Dow 1.72%. Bitcoin has dropped back to around $22,000. The era of there is no alternative to equities has come to an end. The 2 […]
In this episode Scott Becker discusses: Markets tanked yesterday on testimony from Fed Chair Powell that rates are going higher. The S&P 500 fell 1.53%, the Nasdaq 1.72%, and the Dow 1.72%. Bitcoin has dropped back to around $22,000. The era of there is no alternative to equities has come to an end. The 2 […]

In this episode Scott Becker discusses:

  1. Markets tanked yesterday on testimony from Fed Chair Powell that rates are going higher.
  2. The S&P 500 fell 1.53%, the Nasdaq 1.72%, and the Dow 1.72%.
  3. Bitcoin has dropped back to around $22,000.
  4. The era of there is no alternative to equities has come to an end.
  5. The 2 year treasury opens at 5.04%, its highest level in nearly 17 years.
  6. The 1 year treasury jumped on Powell’s testimony to 5.21%.

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