The Nasdaq is now in correction territory and the S&P 500 is down more than 2% so far this month. Analysts are blaming any number of things for the selloff, including a slowdown in the economy, the Federal Reserve being behind the curve on rate cuts, hedge funds rotating out of positions, and waning enthusiasm for AI. But Matt King, the former Citigroup strategist who's now founded his own research shop called Satori Insights, argues there's something else going on. He believes that the world's central banks have only really just begun to drain liquidity from the system, and that the market is still sensitive to the push and pull of their big balance sheets. In this episode, he explains how central banks have pulled the plug on risk assets, why stocks are faltering now, plus his general approach to analyzing markets.

For more on what Joe and Tracy talked about in this episode:
https://bloom.bg/3A2c6TV
https://bloom.bg/4dpfVkz

The Nasdaq is now in correction territory and the S&amp;P 500 is down more than 2% so far this month. Analysts are blaming any number of things for the selloff, including a slowdown in the economy, the Federal Reserve being behind the curve on rate cuts, hedge funds rotating out of positions, and waning enthusiasm for AI. But Matt King, the former Citigroup strategist who's now founded his own research shop called Satori Insights, argues there's something else going on. He believes that the world's central banks have only really just begun to drain liquidity from the system, and that the market is still sensitive to the push and pull of their big balance sheets. In this episode, he explains how central banks have pulled the plug on risk assets, why stocks are faltering now, plus his general approach to analyzing markets.
For more on what Joe and Tracy talked about in this episode: https://bloom.bg/3A2c6TV https://bloom.bg/4dpfVkz

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Matt King on the Hidden Forces Driving the Market Selloff

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4da7ed47-9205-47e8-88dd-b1c0014d08d8/transcript

Advertisement