Equity Monday: Tensions go up, stocks go down
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 22 February 2022
⏱️ 14 minutes
🧾️ Download transcript
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| 0:00.0 | Hello and welcome back to Equity, the Tech Ranch Podcast, |
| 0:12.5 | where we unpack the numbers and the nuance behind the headlines. |
| 0:15.8 | My name is Alex, I'm a reporter here at Tech Ranch |
| 0:17.8 | and part of the Equity team, and I am proud to report to it is February 22nd, 2022. |
| 0:23.4 | Yes, not the 21st. |
| 0:24.8 | We are here on a Tuesday, not on a Monday, |
| 0:27.1 | because yesterday was a holiday in the United States, |
| 0:29.6 | President's Day, if you didn't know. |
| 0:31.0 | Now, what is President's Day? |
| 0:32.4 | No one knows, but do love a day off |
| 0:34.4 | Anyways it's a busy morning. We got a lot to do. Let's get into it |
| 0:38.2 | As always we're gonna start with a look at the markets which really means a look at the |
| 0:45.3 | geopolitics. |
| 0:46.3 | I don't know if you're watching the news over the weekend. |
| 0:48.2 | I was trying to turn off, but then Russia kind of invaded Ukraine so then I had to pay a lot more attention. |
| 0:53.6 | Anyways, I bring all that up because Russian military aggression in Ukraine is about as |
| 0:57.8 | popular as a party foul, which is to say that Asian stocks had a really bad day. |
| 1:02.4 | American stocks are set to fall at the open, |
| 1:04.9 | declining about a half point in the tech world. Cloud stocks are off about one and a half |
| 1:08.8 | points. Surprisingly, and I don't know why this is the case it appears that European stocks are doing fine |
| 1:13.5 | They're up a little bit which is a little bit weird, but what can you do? |
| 1:17.1 | Essentially the world's getting harder to predict which means that we don't know what's going on |
... |
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