August, When All the Traders Take Off and Drama Hits the Markets
- North Korea isn’t canceling vacations but it’s roiling stocks
- ‘President who maybe likes to play the playground double-dare’
Chris Rupkey, chief financial economist at MUFG, discusses volatility in markets and impact on the Federal Reserve. He speaks with Tom Keene on 'Bloomberg Surveillance.' (Source: Bloomberg)
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Maybe people should pick another month to go away.
Again it’s August and markets are teetering, this time as President Donald Trump threatens war on North Korea. No more sleepy VIX, no more tiny swings in stocks and junk bonds, goodbye to $500 billion from global equities.