It's No Secret

85. What Happened in The Sharemarkets This Week?


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The last week (5-9th August 2024) has been a volatile time in international sharemarkets. As investors, it can be easy to read dramatic news headlines about and react to them, so we wanted to take the chance to chat through specifically what happened in the sharemarkets, and what this means for you as the everyday investor. 

To share insights and provide further context, Christine is joined on the podcast by Rhea Prasad, Portfolio Manager at Kernel

More specifically, we chat about: 

  • Why the Japanese stock exchange dropped 12% in one day
  • The impact of this drop on the wider sharemarkets, e.g. the S&P 500 Index
  • What market volatility is 
  • Key investing reminders in times of volatility 

Please note: This podcast is not to be taken as financial advice. Past performance is not an indicator of future performance.

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Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

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