Stock Meltdown Puts S&P 500 on Brink of Correction | Bloomberg: The Close 8/05/2024

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Barry Bannister, Stifel, Liz McCormick & Michael McKee, Bloomberg News, Erin Lash, Morningstar, Scott Chronert, Citi, Abigail Doolittle, Bloomberg News, Jason Pride, Glenmede, Mohamed El

Chapters:
00:02:27 - Barry Bannister, Stifel
00:10:44 - Liz McCormick & Michael McKee, Bloomberg News
00:16:32 - Top Calls
00:17:55 - Erin Lash, Morningstar
00:23:51 - Scott Chronert, Citi
00:32:49 - Abigail Doolittle, Bloomberg News
00:37:45 - Jason Pride, Glenmede
00:44:04 - Closing Bell
00:57:33 - Mohamed El-Erian, Bloomberg Opinion
01:11:02 - Dan Ives, Wedbush
01:18:51 - Gina Martin Adams, Bloomberg Intelligence
01:23:27 - Kailey Leinz, Balance of Power
01:28:09 - What To Watch
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[Dantursi]

In the last 3 days, when stock prices plunged Retail investors sold $1 Billion. Institutional investors bought +$14 Billion. This is Market manipulation at its finest.

[oneillbilder]

I currently have a $280k stock portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and QQQ overlap too much to make sense holding both?

[Duttonmuffins]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over 150k, but I'm uncertain about risk mitigation strategies.

[AstaKristjan]

The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.

[JessicaTiramisu]

Asked some good questions; direct and to the point. Well done.

[ASimpleGoodLife]

Something has broken the traditional equity and debt relationship. Private equity markets maybe the culprit.

[KonstantinMiheev-wo]

Very educational video, it helps traders try out new strategies, thank you.

[SheShaved]

Invest in undervalued and growth companies like C3iS inc to become a millionaire.

[kevinvictor-sw]

Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[MarceloPinto-fwsw]

Keynesianism. Fabricate inflation: transfer people's money to the banks and then after make people return the money through fiscal and tax laws. How distracted can people be and for how long?

[tacolover]

Its time for adult lunchables. As a hungry man, I need 60g plant and meat protein in my meals to feel full.

[AlexisHodges-fy]

Too complicated to grasp, the intricacies of quantum mechanics continue to challenge even the most brilliant scientific minds. much thanks to you for the information it truly gave me a decent spot to star

[flubberghosted]

I’m holding onto whatever little bit I have because it’s either going to bounce back eventually or civilization will completely collapse. 😂💯

[MrKenng]

Dow will end up 25000 points. Hope that the market drop will continue today. Thanks.

[naijabridges]

Necessary channel and show. I love Alix steel

[rg]

High frequency traders will help us recover all the losses by Friday

[KatimaMulilo]

Yen carry trade? But my Seppuku order never executed.

[cimonkien]

People are so addict to gambling in stocks.
One way, talking can boost the stock going higher.

[HannahRoberts-sg]

Praise to God Almighty!!!! I'm favoured $150k every 4weeks! I can now give back to the locals in my community and also support God's work and the church. God bless America 🇺🇲💗💓💗💞

Thanks to Maksim konstan

[MichaelMandella]

Typical bear sounds so sure of himself. LOL. The 10pct drop wasn't enough. Everyone single of one of these drops gets bought back up. GL getting squeezed.