Elon Musk’s Billionaire Games - Between the Scenes

The Daily Show: Ears Edition

Comedy Central

News, Daily News, Comedy

4.2 • 14.2K Ratings

🗓️ 15 May 2022

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Trevor’s no finance expert, but the details of Elon Musk’s Twitter buy seem a little weird. See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You're listening to Comedy Central.
0:02.6	BAM!
0:05.0	I'm by no means an economist, no am I an expert on stock markets
0:09.0	and all things finance related, but you have to admit
0:11.8	a lot of what happens on Wall Street seems like a scam.
0:16.0	LAUGHTER
0:17.6	Like, I really...
0:18.6	Like, today was one of the strangest things to read.
0:20.6	It was yesterday, stock market goes up.
0:23.2	Why does stock market go up?
0:24.6	Because they say they were happy that Jerome Powell said
0:27.8	the Fed would never increase the interest rate by more than half a percent.
0:31.4	So they were like, yeah, and then it went...
0:33.2	Then today was crazy.
0:34.6	The market was crashing in a way.
0:36.4	They were like, it's a blood bad.
0:38.0	And I was like, why?
0:39.2	And they're like, oh, because they misinterpreted what he said.
0:42.2	And then it's like, wait, wait, wait, wait.
0:44.4	First of all, how does that happen?
0:47.2	How are markets changing because somebody even read something or understands
0:51.0	and all of you at the same time?
	...

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