Tape Talk | Investing, Business, Wealth, And Your Money

On this week's episode of Tape Talk, Quint and Daniel discuss the recent volatility across markets and what that means for investors. Trade War While stocks moved on the Federal Reserve's implication that the recent rate cut was not the start of a new trend, the move was propelled much further by matters worsening on the trade war front. After the Trump Administration broadcasted additional tariffs set to take effect, China released news of decreased purchases of United States agriculture products. 7.0, A Key Level Over the weekend, the Chinese Yuan broke the all-important 7.0000 psychological level which indicated the country was allowing their currency to devalue versus the US-dollar. This move effectively shifted the trade war from a matter of goods and services to a currency scuffle which US markets, with their volatile trading on Monday, indicated would be a fearsome escalation. Required Return While seeing your investing and retirement accounts gyrate with the forces of the market is never palatable,