Published on: October 8th, 2021 • Duration: 43 minutes
The market often denies existential threats until the contagion spreads—Peter Atwater, president of Financial Insyghts, chats with Daily Dirtnap editor Jared Dillian to explain the current market sentiment. The pair discuss the lack of market momentum and why the once-popular meme stocks and crypto assets are leading investors to make more conservative market choices. The Evergrande narrative, COVID-19 supply chain issues, and Federal Reserve commentary are analyzed as market inflection points. Filmed on September 24, 2021.