Episode 1098 • • 55:25 - 58:51
1098: Climate Grief
Stock Market Volatility, Algorithmic Amplification
Following a significant market drop, President Trump encouraged investors to "buy the dip," leading to a record 1,000-point gain in the Dow Jones. The volatility is attributed to "algorithmic amplification," where computer trading programs exaggerate market trends. Treasury Secretary Steve Mnuchin's convening of the "Plunge Protection Team" is also discussed.