BREAKDOWN: Why the Stock Market is Poised for Its Worst September Since 2011

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. 
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 | Violent Reflexivity: Why Market Movements Are More Aggressive Than Ever, Feat. Corey Hoffstein 
Thursday | Did Corporate Insiders Perfectly Predict the Market Top? 
Friday | Sven Henrich on the Ever-Weakening Economic Cycle 
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