Money Clinic podcast: Making sense of the market meltdown
If you’ve started investing under lockdown, the past few weeks will have been a real test of your mettle.
Global stock markets have suffered their biggest weekly drop since the start of the pandemic, and cryptocurrencies have crashed. As younger investors struggle to absorb the losses, they also face a rising cost of living.
This week, host Claer Barrett speaks with Ashley, a 28-year-old investor who has lost thousands, about how he’s trying to stay focused on the long term and weather the financial storm.
Plus, two of the FT’s top investment brains unravel exactly what’s happened in global markets and where it might go next.
Katie Martin, the FT markets editor, and Robert Armstrong, the FT’s US financial commentator and author of the Unhedged newsletter, have plenty of ideas for new investors to ponder as they formulate their next move.
To listen, click the link above, or search for Money Clinic wherever you get your podcasts from.