Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Experts advise people not to panic over market slump

Article image for Experts advise people not to panic over market slump

The US stock market suffered a massive loss overnight, recording it’s largest single-day decline in history.

At one stage, the Dow Jones was down by almost 1,600 points before it rallied to finish down 1,157.

In response, the Australian Stock Market fell hard, wiping $57 billion off the Aussie market.

Ben Fordham speaks with Scott Phillips, Director of research at The Motley Fool, who is advising people not to panic.

“The bad news, if you’re looking forward, is the US futures overnight is also showing more signs possibly of a 4-digit fall.

“First thing, make sure you put it in context. Second, don’t panic. If you liked the company you invested in on Friday, there’s no reason you shouldn’t like it today.”

Listen to the full interview below

Ben Fordham
Advertisement