Wall Street tumbles

This week in Talking Finance it’s all about the big sell off on Wall Street last night. To find out what happened, Alan Kohler turned to Kyle Rodda, Market Analyst at IG and Gerard Minack from Minack Advisors. There’s also economic news with Stephen Koukoulas, Managing Director of Market Economics; politics with Mark Kenny, national affairs editor for the Sydney Morning Herald and The Age; and technology with Steve Sammartino, Author & Futurist.

This week in Talking Finance it’s all about the big sell off on Wall Street last night – 4% on the NASDAQ and 3.5% on the Dow Jones and the S&P 500.

Hello and welcome to Talking Finance, I’m Alan Kohler.  This week it’s all about the big sell-off on Wall Street last night, 4% on the NASDAQ and 3.5% on the DOW and the S&P 500, so we turn to Kyle Rodda, the Market Analyst at IG Markets to take us through what actually happened, and Gerard Minack of Minack Advisers to tell us what it means.  To link it to the economy, we’re talking to Stephen Koukoulas, Managing Director of Market Economics.  And of course, we always need some politics in Talking Finance and this week it’s Mark Kenny, National Affairs Editor for The Sydney Morning Herald and The Age, to talk about Scott Morrison’s tax cut bonanza.  And for our weekly check on technology, it’s Steve Sammartino, author and futurist, to talk about Facebook’s new piece of hardware called the portal.

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