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Podcast: MRKT Matrix
Episode: Stocks Drop on Fed Cut Jitters & Tech Rout
Description: MRKT Matrix - Thursday, November 13th
Dow drops more than 800 for worst day in over a month (CNBC)
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts (CNBC)
New foreclosures jump 20% in October, a sign of more distress in the housing market (CNBC)
October Jobs Report to Skip Unemployment Rate, Hassett Says (Bloomberg)
Verizon to Cut About 15,000 Jobs (WSJ)
Companies Begin to See a Return on AI Agents (WSJ)
Big Tech’s Soaring Profits Have an Ugly Underside: OpenAI’s Losses (WSJ)
Wall Street cools on Oracle’s buildout plans as deb...