A spat between Russia and Saudi Arabia led to a collapse in oil prices over the weekend. Stock prices followed. What happened and what it means.
AUDIO REMOVED: The podcast creator has removed the audio for this episode.
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mm recommended:Mar 10th, 2020
If you were wondering what happened to the stock markets yesterday, here’s a quick <10 min episode to fill you in. It’s not just Coronavirus that’s depressing the markets. It’s also Russia and Saudi Arabia’s oil spat related to the Coronavirus 😒
bigfoot_skeptic recommended:Mar 10th, 2020
Something crazy and historic happened today: "oil prices dropped about 25%, and the markets freaked out. They fell so much, so fast, it triggered a built-in trading stop. At the end of the day, the Dow Jones Industrial Average had seen its biggest one-day points drop ever and was down nearly 8%."
mmMar 10th, 2020
@bigfoot_skeptic Why is Russia not playing game with the Saudis?!? 😩