Rebel Traders 121 : State of the Market
Let’s take a look at the state of the market… and what a state it’s in!
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This week we stuffed Phil in a suitcase and shipped him off to Spain for a much-needed vacation (Inflatable Pink Flamingo and all). So, Sean is in the studio flying solo and he’s going to take a wry look at some current and upcoming situations and events that could affect and are affecting the markets right now.
From an embattled Facebook Libra (Did we see THAT one coming) to Hong Kong protests, Brexit deals and an extra $29BN hidden under a countries mattress. It’s all in here this week and Sean is going to pull it apart, put it under the microscope and show you exactly what’s going on.
3 Key Takeaways From This Show
- 68.9% of statistics are made up on the spot (Just like that one) - Take them with a grain of salt.
- Facebook Libra’s day’s got a BIG mountain to climb - Their credibility stack is dwindling
- Look for a longer-term battle with China over trade into 2020
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