Here's How to Surf a Volatile 2022
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 24 December 2021
⏱️ 36 minutes
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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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