Hey, it's Dan here. Guy Dami and I just got done recording our Tuesday edition of Market Call.

That's MKT Call, a live streaming video program sponsored by CME Group, where we look at the markets to the lens of the futures.

We spent nearly 40 minutes today breaking down the recent volatility in stocks, rates, commodities, and crypto.

And we preview this week's Fed meeting and earnings from Mega Cap Tech.

If you like what you heard, please follow Market Call in the podcast stores.

Leave a review, which helps people find it, and follow us on Twitter at MKT Call.

And once again, thanks to CME Group. Yeah, it is Tuesday, January 25th. I'm Dan Nathan. I am joined by Guy Adami. As always, you're watching Market Call macro, where we break down the biggest headlines of the trading day through the lens of the futures market. It's another very volatile day here, people. So we're going to kind of keep this really tight and we're going to be serious about this stuff. Guy Adami, I don't even think

you have any jokes right now, but we're going to look at the major indices. We're going to look

at rates. We're going to look at gold. We're going to look at oil and we're going to look at Bitcoin.

Today's market call is brought to you by our presenting sponsors, CME Group, where risk meets

opportunity. And of course, our friends in Open Exchange, they manage virtual meetings that matter.

Guy, we talked about it on the market call yesterday.

You are at a investment conference with big institutions looking across all the macro landscape.

This has been two of the craziest days that we've seen in the market,

really since the throes of the pandemic in early 2020. What's the word on the street, man? And I know

that these sorts of investors, traders, they hate being away from their fact set machines on days

like today. Yeah, no question about it. And I think for most people that come up to me, and there've

been a lot, you know, what's going on? Why have we seen this heightened volatility the last couple of days? What's

changed? And, you know, what's changed is the fact that I think people come in the realization

that this Federal Reserve is for real in their sort of change that they're going to now fight

inflation instead of being a federal deserve that was extraordinarily

accommodated for the last decade or so. And that to me is the biggest change. And we've said it,

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