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Business Rundown: Wall Street's Bad Week
Manage episode 433350185 series 3330134
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A global market rout to start off the week, giving Wall Street its worst day since 2022. While some losses have been recouped, more inflation and consumer data are on the way, which could once again disturb the calm in the market.
Co-anchor of The Big Money Show on Fox Business, Taylor Riggs, speaks with Chief Economist at Annex Wealth Management, Brian Jacobsen, to discuss if the market volatility is momentary or here to stay, why the Fed is being overly cautious about cutting rates, and managing fears of an economic downturn.
Photo Credit: AP
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