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On The Tape

Beige Books & Baseball

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 21 October 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

Guy Adami and Liz Young Thomas from SoFi dissect the latest market trends, including rising 10-year yields and their impact on housing. They explore Goldman's surprising decade-long bearish forecast for U.S. stocks and discuss upcoming earnings from major companies. The hosts also touch on election speculations, China's economic stimulus efforts, and their implications on markets. Key highlights include in-depth analyses of the gold market, energy stocks, and the relationship between Bitcoin trends and tech stocks. Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We’re on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Thomas @LizThomasStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Transcript

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0:00.0

A warm welcome to the Monday edition of the On the Tape podcast.

0:05.0

I am Guy Adami.

0:06.0

I'm always joined by Elizabeth Young Thomas, that of SoFi.

0:10.0

Elizabeth, how are you?

0:12.0

Good morning. I am well. Another Packers victory.

0:15.0

We've squeaked it out this time.

0:17.0

You know, in the NFL, Elizabeth, as you know, there are no style points. So a win is a win.

0:22.8

And in the record book, it doesn't matter. As they say in baseball, it doesn't matter if you have

0:28.0

a squib hit or a line drive. It all looks the same in the box score. Dan Hickon, by the way,

0:33.6

is basking in the glory of another good weekend for him in terms of his NFL

0:39.1

prognostications. So he's off doing other things. So it's just the two of us. And as we get

0:45.0

into it, let me first say, congratulations to the Yankees and the Dodgers playing for their

0:50.9

12th time in World Series, the first time since 1981. I know that

0:55.2

thrills you to know Andy YT. Well, it does. I mean, the Mets took the Brewers out, and I

1:00.4

still stand by. I don't think they should have been in the playoffs at all. So I'm glad that

1:05.0

they're not going to the series, and I'm excited to watch the Yankees and the Dodgers. As for the Yankees, obviously.

1:10.8

Of course you are.

1:11.5

Because now you're a New Yorker and you're wearing your stripes, as I say.

1:16.0

Let's get into the market because last week, another one of those weeks where the market

1:20.6

just sort of levitates, as we're sitting here now, you know, we have an S&P around 5860.

1:26.4

I think the high was made last week, 5878.

1:29.7

Not a lot happening.

...

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