New Quarter, Same Story: Markets Continue Steep Sell-Off

The video discusses the current state of the financial markets, highlighting continued selling in the S&P 500 and significant losses in the Russell 2000. It explores investor concerns over a prolonged economic shutdown affecting corporate profits and dividends. The bond market shows a risk-off sentiment with declining yields, while the dollar strengthens as investors seek safety. The S&P 500 is analyzed, showing some optimism but warnings of potential further declines. The retail sector faces challenges, with companies like Macy's and L Brands experiencing severe impacts due to COVID-19, including store closures and reduced traffic.

What was the performance of the S&P 500 in the new quarter as mentioned in the video?

• It remained stable.

• It increased significantly.

• It reached an all-time high.

• It was down for the third time in four days.

Which index was noted as the biggest loser in the market downturn?

• Nasdaq Composite

• FTSE 100

• Dow Jones Industrial Average

• Russell 2000

What was the yield on the 10-year bond as discussed in the video?

• 150 basis points

• 100 basis points

• 62 basis points

• 192 basis points

What is the main reason for the strengthening of the dollar according to the video?

• Rising inflation

• Investors seeking safety

• Increased foreign investment

• Government intervention

What significant change happened to Macy's shares as mentioned in the video?

• They reached an all-time high.

• They were included in the S&P 500.

• They remained unchanged.

• They fell to an all-time low and were removed from the S&P 500.