Was Last Week's Market Chaos an Overreaction? Wharton Finance Professor Explains the "Perfect Storm" That Generated the Chaos
- Author
- This Week in Business
- Published
- Thu 15 Aug 2024
- Episode Link
- https://knowledge.wharton.upenn.edu/podcast/wharton-business-daily-podcast/was-last-weeks-market-chaos-an-overreaction-wharton-finance-professor-explains-the-perfect-storm/
Nikolai Roussanov, Wharton Professor of Finance, joins the show to explain what caused last week's market volatility, whether the Fed can deliver a soft landing to avoid a recession, and how the monthly job reports contribute to cutting interest rates.
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