An Unintended Consequence of Low Interest Rates? The Big Get Bigger
The Breakdown
English - August 26, 2020 01:00 - 16 minutes - ★★★★★ - 35 ratingsTechnology Business crypto cryptocurrency bitcoin blockchain Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Today’s episode of The Breakdown is an extended edition of the Brief.
NLW discusses:
The “COVID-19 vaccine trade” on Wall Street kicks markets higher
The latest on TikTok vs. the U.S. and what it means for the U.S.-China relationship
More companies move reserves from cash to bitcoin
The final topic today looks at news that some large money market funds are shifting fees from users and taking the financial hit themselves. This creates a dynamic where only the largest companies can survive long term, and reflects a key unintended consequence of low interest rates.
Today’s episode of The Breakdown is an extended edition of the Brief.
NLW discusses:
The “COVID-19 vaccine trade” on Wall Street kicks markets higher The latest on TikTok vs. the U.S. and what it means for the U.S.-China relationship More companies move reserves from cash to bitcoinThe final topic today looks at news that some large money market funds are shifting fees from users and taking the financial hit themselves. This creates a dynamic where only the largest companies can survive long term, and reflects a key unintended consequence of low interest rates.