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Real Vision: Finance & Investing

Bubblicious Markets and Big Tech's Monopolistic Behavior: DB-Dec11, 2020

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 12 December 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

Real Vision managing editor Ed Harrison welcomes senior editor Ash Bennington to discuss water futures, “bubblicious” market froth, and potential anti-competitive behavior by Big Tech. After Ed and Ash give their brief review of political news, Ed shares his analysis of the recent IPOs of DoorDash and Airbnb with Ash noting parallels between current market conditions and those that preceded the Dot-com bubble. Ed and Ash then explore the significance of the recent addition of water futures to the CME exchange. In the intro, Jack Farley and Weston Nakamura embark on a chart-filled journey on the Nikkei 225, the Japanese Yen, and currency pairs. For greater details and more charts from Weston and Jack, check out their conversation in the Real Vision Exchange: https://exchange.realvision.com/post/follow-up-to-my-daily-briefing-intro-with-weston-nakamura-s-galore-5fd3f00fffc3b852f6b03a2b. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Welcome to Real Vision.

0:07.0

It's Friday, December 11th, 2020, just after market close in New York.

0:13.0

This is the Real Vision Daily Briefing.

0:16.0

I'm Ash Bennington, joined shortly by our managing editor, Ed Harrison.

0:21.0

But first, with the day's stories, Jack Farley and Weston Nakamura.

0:25.0

Thanks, Ash. I'm joined by a very special guest.

0:28.0

Weston Nakamura, he's a veteran trader from Goldman Sachs and Jeffries, but now he has joined Real Vision in our community

0:34.9

platform, The Exchange. Weston, so great to have you on the Daily Briefing.

0:39.8

Oh, it's my pleasure. Thanks for having me.

0:42.1

So Weston, I know that you've prepared a few charts

0:45.7

as well.

0:46.0

You also gave you some instructions.

0:47.0

So I, my bloomer terminal fired it up

0:49.3

and made a few charts of my own for you.

0:51.6

So let's get right into it because this is the intro. What are you seeing with regards to Japanese

0:58.3

equities relative to China and as well as perhaps a proxy to the value and growth trade.

1:02.8

I'm just gonna keep this really quick

1:04.3

because everything's gonna be on the exchange.

1:07.0

But basically, value versus growth,

1:08.7

if you believe in that sort of momentum shift

1:12.0

that's happening right now from value to growth.

1:14.0

You can actually play it instead of doing the QQ versus the IWM, the Russell 2000

...

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