"Liquidation Day": Why markets are bracing for a sharp downturn, according to a strategist

Business

Jay Woods, Chief Global Strategist at Freedom Capital Markets, spoke with NYSE ( ICE ) TV for a special video interview. Watch the interview above and check out the transcript below, which has been lightly edited for length and clarity. Advertisement KRISTEN SCHOLER (KS): Joining me is our resident expert and friend of the show, Jay Woods. He’s a chief global strategist at Freedom Capital Markets. Jay, always good to have you, especially on a day like today. And as we prepare for this open,