Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on.

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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row.

He discusses the factors contributing to the trouble, including:

A normal correction from too-high valuations
The return of COVID-19 lockdowns
The end of easy recovery gains
Diminishing likelihood of a stimulus bill
Election volatility

This week on The Breakdown:

Monday | The FinCEN Files Show Banks Don’t Actually Care About Stopping Money Laundering

Tuesday | Marty Bent on Why Bitcoin and Big Energy Are Unlikely Allies

Wednesday | Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein

Thursday | Did Corporate Insiders Perfectly Predict the Market Top?

STORY CONTINUES BELOW

Recommended for you:

Friday | Sven Henrich on the Ever-Weakening Economic Cycle

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