Wild Week in the MarketsTop of Mind with Julie Rose • Season 1, Episode 744, Segment 4
Feb 9, 2018
Guest: Ryan Law, Professor of Personal Finance, Director of the Utah Valley University Money Management Resource Center
On Monday, the Dow plunged 700 points, which is a lot. And there’s been quite a bit of unsettled anguish in the markets all week. The weird thing is that the US economy is doing great – unemployment continues to fall, jobs are growing and wages are going up too – that last bit of news came Friday and apparently sparked Monday’s sell-off. Why would good economic news cause investors to freak out?