BREAKDOWN: Is Tesla a Stock for Suckers?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 5 September 2020
⏱️ 10 minutes
🧾️ Download transcript
Summary
The markets kicked off the week with a 5-1 Tesla stock split rally and ended with major questions about tech company valuations.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
On this episode of The Breakdown Weekly Recap, NLW looks at the full story the stock markets are telling us about the economy, including:
- SoftBank unmasked as the “Nasdaq whale” playing the same options game with stocks as r/WallStreetBets
- The Tesla stock split game: Does this just mean it’s for n00bs and rubes?
- The VIX shows November nervousness
- Can you hear it? As stocks slide, the money printer is revving again
This week on The Breakdown:
Monday | US Stock Market Cap to GDP Ratio Reaches 190%, Eclipsing Dot-Com Bubble High
Tuesday | Financial Postmodernism and the Great Inflation Debate
Wednesday | Let Them Eat Equities! The Economic Chickens Come Home to Roost, Feat. Luke Gromen
Thursday | DeFi Degens Are Crypto’s Suicide Squad
Friday | 8 Historical Analogies That Help Explain the Madness of 2020
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You can feel the palpable money printer get revved energy on Twitter right now. |
| 0:05.1 | And I would not be surprised if we see some new announcement about additional pressure on Congress to act or some new narrative from the Fed or something, right? |
| 0:17.0 | The stock market is the great political scoreboard, and there is no way that that thing is going to be allowed to stay down for long. |
| 0:26.4 | Welcome back to The Breakdown with me, NLW. |
| 0:30.5 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:36.4 | The breakdown is sponsored by crypto.com, bitstamp, and nexo.io, and produced and distributed by |
| 0:42.8 | CoinDes. |
| 0:45.1 | What's going on, guys? |
| 0:46.4 | It is Saturday, September 5th, and that means it's time for the weekly recap. |
| 0:53.2 | This week, I'm going to be looking at the stock market. I think that |
| 0:57.4 | we learned a lot about how to interpret the stock market this week. And frankly, what happens next |
| 1:04.2 | as it relates to the stock market probably is going to have a pretty dramatic impact on |
| 1:09.3 | not just stock prices, but also on a bunch of |
| 1:12.6 | different areas like Bitcoin as well. So I'm going to go through four stories that I think tell |
| 1:18.4 | this complete story. And first up is SoftBanks Balsey Bet. Over the last few months, a quote |
| 1:26.1 | NASDAQ whale has been pumping huge amounts into tech stock options. |
| 1:31.6 | Basically, this has been piling on top of the Davey Day Trader trade and in that way, accelerating the valuation bubble, which has become really pronounced. |
| 1:41.9 | The Financial Times has unmasked this NASDAQ whale as SoftBank, the firm behind |
| 1:48.0 | the $100 billion Vision Fund, which has been hugely credited with ramping up and inflating |
| 1:53.9 | to the moon the price and valuation of private Silicon Valley tech companies before they go |
| 1:59.4 | public. They've basically been playing the same |
| 2:02.6 | game as the Wall Street Betts crowd. As the Wall Street Journal put it, investors buy options, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.