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Stock Rally Takes a Break as Crypto World Gets Hit

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Manage episode 522201292 series 1504386
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg 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://podcastplayer.com/legal.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The start of a historically strong month on Wall Street saw stocks falling as traders shunned riskier corners of the market amid a selloff in cryptocurrencies. A rout in Japanese debt rippled through global bonds.

Caution prevailed after a rally that drove the S&P 500 to its longest streak of monthly gains since 2021. The Russell 2000 gauge of small caps slid over 1%. Nearly $1 billion of leveraged crypto positions were liquidated during a sharp drop in prices that brought fresh momentum to a wide-ranging industry plunge. Bitcoin sank to around $85,000.

Despite the reduced appetite for risk, Treasuries kicked off the week on the back foot as Japan’s bond yields climbed after comments from the central bank chief spurred rate-hike wagers.
Equities lost steam after investors wrapped up a choppy November with gains amid growing speculation that the Federal Reserve is more likely than not to ease policy this month.

Today's show features:

  • Doug Ciocca, CEO of Kavar Capital, on markets, the economy and investment strategies to close out 2025
  • Bloomberg Tech Co-Host Ed Ludlow on Nvidia’s $2 billion investment into chip-design software maker Synopsis
  • Christina Lee, Managing Director and Co-Portfolio Manager for US Private Debt Strategy at Oaktree Capital Management on the health of the US credit market
  • Dana Telsey, Founder, CEO and Chief Research Officer of Telsey Advisory Group, recaps Black Friday and breaks down key retail spending trends for Cyber Monday

See omnystudio.com/listener for privacy information.

  continue reading

5078 episodes

Artwork
iconShare
 
Manage episode 522201292 series 1504386
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg 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://podcastplayer.com/legal.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

The start of a historically strong month on Wall Street saw stocks falling as traders shunned riskier corners of the market amid a selloff in cryptocurrencies. A rout in Japanese debt rippled through global bonds.

Caution prevailed after a rally that drove the S&P 500 to its longest streak of monthly gains since 2021. The Russell 2000 gauge of small caps slid over 1%. Nearly $1 billion of leveraged crypto positions were liquidated during a sharp drop in prices that brought fresh momentum to a wide-ranging industry plunge. Bitcoin sank to around $85,000.

Despite the reduced appetite for risk, Treasuries kicked off the week on the back foot as Japan’s bond yields climbed after comments from the central bank chief spurred rate-hike wagers.
Equities lost steam after investors wrapped up a choppy November with gains amid growing speculation that the Federal Reserve is more likely than not to ease policy this month.

Today's show features:

  • Doug Ciocca, CEO of Kavar Capital, on markets, the economy and investment strategies to close out 2025
  • Bloomberg Tech Co-Host Ed Ludlow on Nvidia’s $2 billion investment into chip-design software maker Synopsis
  • Christina Lee, Managing Director and Co-Portfolio Manager for US Private Debt Strategy at Oaktree Capital Management on the health of the US credit market
  • Dana Telsey, Founder, CEO and Chief Research Officer of Telsey Advisory Group, recaps Black Friday and breaks down key retail spending trends for Cyber Monday

See omnystudio.com/listener for privacy information.

  continue reading

5078 episodes

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