Episode 1489 • • 1:19:31 - 1:22:19
1489: Sophistry's Choice
Global Bond Market Crash and Recession Fears
ABC News correspondent Deirdre Bolton reports on a "brutal week" for Wall Street, with the Dow Jones hitting its lowest level since 2020. The segment highlights the "one-two punch" of high inflation in food and rent combined with rising borrowing costs following the Federal Reserve's 75-basis-point rate hike. The hosts mock Bolton's confusing phrasing regarding the "global economy."