Equities and Bonds Retreat as “BANG” Stocks Squirm

Published on
June 3rd, 2021
50 minutes

Equities and Bonds Retreat as “BANG” Stocks Squirm

Daily Briefing ·
Featuring Weston Nakamura & Jack Farley

Published on: June 3rd, 2021 • Duration: 50 minutes

Real Vision’s Jack Farley and Weston Nakamura guide viewers through a topsy-turvy day of price action where U.S. stocks and bonds sell off together as the “BANG” meme stocks (Blackberry, AMC, Nokia, and GameStop) pare some of yesterday’s gains. They also roll a pre-recorded segment of Real Vision managing editor Ed Harrison and crypto editor Ash Bennington, who reports from Miami’s 2021 Bitcoin conference. Farley and Nakamura close by reviewing the Fed’s decision to sell its holdings of corporate bonds and analyzing what the potential knock-on effects would be if the Turkish Lira were to continue to deteriorate. To read more of Weston's thoughts on the relationship of Bitcoin, gold, and the Turkish Lira, click here: https://rvtv.io/BTCLiraGoldEXCH