The Claws of a Bear Market

The Claws of a Bear Market

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Episode
1418 of 1999
Længde
21M
Sprog
Engelsk
Format
Kategori
Fakta

The meteoric rise of the U.S. stock market over the past two years has come to an abrupt end.

A steep downturn recently has led to what’s known as a bear market. But what does that mean, and why might policymakers have to hurt the economy to help it in the long term?

Guest: Jim Tankersley, a White House correspondent for The New York Times, with a focus on economic policy.

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Background reading:

• Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage • . • The last such drop happened in early 2020 as the coronavirus spread. Here’s what else to know • about bear markets.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

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