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Billions wiped: The Australian sharemarket bloodbath

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Manage episode 475663721 series 2444251
Content provided by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Like you, I’ve seen the reports about the hemorrhaging of the American stock market, and wondered where this is going to lead. I can’t get my head around what it all means that trillions of dollars have been wiped from the American stock exchange. And as we record this, we’re being warned that the Australian share market is in for a bloodbath.
Today, deputy business editor Clancy Yeates, on where Trump’s trade war will leave Australia’s economy, both in the short term, and the longer term. And whether this foreshadows a global financial crisis.

Subscribe to The Age & SMH: https://subscribe.smh.com.au/

See omnystudio.com/listener for privacy information.

  continue reading

1480 episodes

Artwork
iconShare
 
Manage episode 475663721 series 2444251
Content provided by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Like you, I’ve seen the reports about the hemorrhaging of the American stock market, and wondered where this is going to lead. I can’t get my head around what it all means that trillions of dollars have been wiped from the American stock exchange. And as we record this, we’re being warned that the Australian share market is in for a bloodbath.
Today, deputy business editor Clancy Yeates, on where Trump’s trade war will leave Australia’s economy, both in the short term, and the longer term. And whether this foreshadows a global financial crisis.

Subscribe to The Age & SMH: https://subscribe.smh.com.au/

See omnystudio.com/listener for privacy information.

  continue reading

1480 episodes

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