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Real Vision: Finance & Investing

Here's How to Surf a Volatile 2022

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.11.1K Ratings

🗓️ 24 December 2021

⏱️ 36 minutes

🧾️ Download transcript

Summary

DB-Dec23,2021:What’s going on in Turkey, and why should we keep an eye on it? Daily Dirtnap editor Jared Dillian fills you in on what you need to know about the Turkish Lira. Nikola delivers its first EV truck, boosting its stocks by 20%, and Elon Musk is now almost done selling his Tesla shares. Dillian also shares his rules of trading for 2022, which might be riddled with choppy waters. Interviewed by Maggie Lake. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3srmnDv. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hello, welcome to the Real Vision Daily briefing. It's Thursday, December 23rd, 2021.

0:11.3

I'm Maggie Lake, and here with me today is Jared Dillion, editor of the Daily Dirt

0:15.6

Knop. Hey, Jared, how are you? What are we doing here?

0:18.2

What are we doing here? It's the night before, the night before. And the people are gone,

0:24.5

right? Somebody, somebody's got to do it. My building is empty. That parking lot behind

0:29.0

me is totally empty. Absolutely. Everyone's right on the long travel. I'm grateful I'm here

0:34.7

and not at an airport that I have to say that would be challenging. So if we take a look

0:40.4

at the action today, starting to get quiet, but we did, the stocks were able to continue

0:47.0

that rally that we've seen all the US indices higher by about a half to 1% WTI crude also

0:53.2

recovering a bit, $73 a barrel and the 10 year bond, US Treasury holding steady at about

0:59.2

1.49%. Jared, it's been quite a month as we look at the markets. How are you feeling about

1:06.6

the markets, about the economy? We get ready to wrap up this year.

1:11.1

I'm not feeling really good about 2022. I mean, we were up, I think, 29 in 2020 and 20%

1:18.6

this year. I don't really get the impression that that's sustainable. I mean, in terms

1:24.5

of the price action the last couple of days, I mean, it started with turnaround Tuesday.

1:29.0

You know, we had a big turnaround Tuesday. I mean, like, you know, the price action was

1:33.2

very negative last week, but it's like holding a balloon underwater. We've had three consecutive

1:38.2

days of rallies. You know, the week around Christmas and New Year's, we always tend to

1:44.0

drift higher. It's going to be interesting to see what happens on January 2nd.

1:48.1

So you so you so you so you you sounds like you're well, it would be hard to live up to

1:54.0

some of the gains, especially in some stocks that we've seen. But do you think it's going

1:58.1

to be more, is it just that year over year comparison? Is it going to be more challenging

...

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