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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.

Breakdown 9.26

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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For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comBitstamp 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?

Friday | Sven Henrich on the Ever-Weakening Economic Cycle

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore