Bloomberg Market Wrap 8/5: Trade War Sell-Off, Oil Prices

The video discusses the recent market sell-off, focusing on companies with significant exposure to China. It highlights a collection of companies by Goldman Sachs, noting a 7% drop in three sessions due to trade tensions. Interestingly, China stocks with US exposure are faring better than US stocks with China exposure. The video also covers the oil market's reaction to trade headlines and geopolitical tensions, with WTI crude oil prices affected. Lastly, it addresses concerns over a potential currency war as China allows the yuan to weaken.

What percentage of revenue do the median stocks in the Goldman Sachs collection derive from China?

• 50%

• 22%

• 33%

• 10%

Which sector is most affected by the trade war-related sell-off according to the transcript?

• Retail

• Finance

• Healthcare

• Technology

How have China stocks with US exposure performed compared to US stocks with China exposure?

• Worse

• Better

• The same

• No change

What has been the impact of trade tensions on WTI crude oil prices?

• Prices increased

• Prices decreased

• Prices remained stable

• Prices were unaffected

What event helped WTI crude oil prices recover some of their losses?

• Rise in production

• Increase in demand

• Drop in inventory

• New trade agreement