4.6 • 757 Ratings
🗓️ 24 March 2023
⏱️ 50 minutes
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0:00.0 | I know you folks have come to expect a title of the song from me. |
0:05.8 | And by the way, Dan Nathan is in fact back from his hiatus, his vacation. |
0:09.8 | Dan, how are you? |
0:10.3 | I'm doing great. |
0:11.0 | I'm back. |
0:11.5 | Of course, we're joined by Danny Moses. |
0:13.0 | We got a special guest for you. |
0:14.8 | Stuart Sop, CEO and co-founder of Current, will be joining us in just a second. |
0:24.3 | But in 1980, I believe I was a sophomore in college and the police, Danny Moses, you may remember this, they released their album, |
0:28.9 | Zanjada Mandata, right? You recall that? And one of the songs on that album, Dan, was Canary |
0:35.0 | in the Coal Mine. By the way, you are listening to the On the Tape podcast. |
0:38.5 | I am Guy Adami, Danny Moses, Dan Nathan. And I mentioned Canary in the Coal Mine because I got |
0:44.1 | to tell you something. And it's great we have Stewart on board today. These banks, to me, |
0:49.3 | especially over the last few days, are exactly that they are the aforementioned Canary and the |
0:55.4 | coal mine. So, Dan, how are you? Welcome back. I'm doing well. We've been doing a lot of content |
0:58.9 | all week, and it's kind of interesting. We're going to talk about some of the themes in the markets. |
1:02.4 | This push into mega-cap tech, it just seems like flight to quality, flight disability, whatever |
1:06.5 | the heck you want to call it. I mean, but the backdrop has been continuing weakening of regional banks, |
1:12.2 | despite what regulators all over the world, not just here, but also obviously in Switzerland |
1:16.9 | are doing and saying extraordinary measures that they are taking, at least from a sentiment standpoint, |
1:21.3 | shore up these things. But the price action is really bad, and it's really bad here. We're |
1:25.2 | Thursday into the close here. So we're going to talk about all of that. All right, before we get to Stewart, though, Guy, should we do a little |
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