The Dow dropped 1,100 points on Wednesday, marking its biggest decline since 2020 as the sell-off this year on Wall Street intensifies. Is this the beginning of the end or are we just getting started?
In this episode, Piers and I look at some troubling signs from US retailers Target and Walmart this week and what their performance tells us about the macro environment.
Meanwhile, one of the biggest headlines for single stocks was that the infamous investor Micheal Burry of the 'Big Short' now has Apple in the crosshairs. Find out how his hedge fund is executing his bearish view in what he has described as the "greatest speculative bubble of all time in all things".
Finally, we talk ESG. A relatively new investment class in the asset management world, we look at where it sits in the investment spectrum and why Elon Musk thinks it's a scam!
Amplify Trading is a Limited company registered in England and Wales. Registered number 6798566. Registered address: 50 Bank Street, 3rd Floor, Canary Wharf, London, E24 5NS. Information or opinions provided by us should not be used for investment advice and do not constitute an offer to sell or solicitation of an offer to buy any securities or financial instruments or any advice or recommendation with respect to such securities or other financial instruments. When making a decision about your investments, you should seek the advice of a professional financial adviser.
Recommended content
Editors’ Picks
EUR/USD challenges 1.1300, drops to daily lows
The US Dollar's recovery is now picking up extra impulse, sending EUR/USD back to the 1.1300 region and reversing at the same time two consecutive daily advances. In the meantime, investors continue to closely follow developments arounnd the US-China trade crisis.
GBP/USD faces some downside pressure, returns to the low-1.3100s
GBP/USD is now relinquishing part of its earlier advance toward the 1.3200 neighbourhood, receding to the 1.3130-1.3120 band on the back of the rebound in the Greenback and steady anxiety surrounding the tariff narrative.
Gold comes under pressure, breaches $3,200
Gold extends further its correction from earlier record highs near $3,250 amid some apparent alleviated trade concerns and the renewed buying interest in the Greenback. Declining US yields, in the meantime, should keep the downside contained somehow.
Six Fundamentals for the Week: Tariffs, US Retail Sales and ECB stand out Premium
"Nobody is off the hook" – these words by US President Donald Trump keep markets focused on tariff policy. However, some hard data and the European Central Bank (ECB) decision will also keep things busy ahead of Good Friday.
Is a recession looming?
Wall Street skyrockets after Trump announces tariff delay. But gains remain limited as Trade War with China continues. Recession odds have eased, but investors remain fearful. The worst may not be over, deeper market wounds still possible.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.