4.6 • 757 Ratings
🗓️ 27 December 2022
⏱️ 35 minutes
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0:00.0 | What up, peeps, one o'clock on the East Coast. That means it's 10 a.m. where Dan Nathan is. He's out there in the SoCal, which is just too cool for school, as they say. |
0:23.7 | Market call on this Tuesday, December 27th. Today's market call brought to you by CME Group, Dan, |
0:29.6 | where risk meets opportunity and always by our sponsor at FACSET, also our data provider, |
0:35.5 | financial and data and analytics powered by tomorrow hopefully everybody |
0:39.9 | had a great long weekend holiday the whole thing this week is shortened it obviously volumes are |
0:45.2 | going to be low but that doesn't mean the markets aren't moving and we saw some stuff happen |
0:48.9 | overnight did not did we not yeah it was kind of an, the China news, and we've been talking about a little |
0:54.8 | bit, that they've been reopening, the abruptness guy in which they've kind of rolled out this, |
0:59.5 | you know, the zero COVID to just basically letting millions of people be infected and possibly die. |
1:06.2 | And then the other thing is, I thought that was interesting. So overnight, they're allowing |
1:09.2 | foreign citizens to come in on January 8th to China. |
1:12.8 | Like, who the hell is going to China on January 8? I mean, I mean that's sincerely for a whole host of reasons. |
1:17.1 | If you are a U.S. business person after the three years that we have had with them, after actually the five years, you think you're going to go to China. I know a lot of people used to do a lot of business in China and Hong Kong, and they just |
1:29.7 | have no intention of going for a whole list of reason, especially if this kind of economic |
1:34.2 | war that we have going on right now gets tuned up. |
1:37.3 | If you work for a big U.S. multinational, you think you want to step foot on mainland. |
1:41.3 | And again, I don't say this, The Chinese people, I've been to China. |
1:44.3 | It is an amazing country. I would love to go back at a time where I think our countries are |
1:48.7 | in a better place. But hey, listen, man, you get off the plane there and they grab your phone |
1:52.9 | and they look at your Twitter and you liked something that was antagonistic, the Communist Party. |
1:58.0 | And you find yourself in a little, I don't know, you know what I mean? |
2:01.4 | Like, I'm not down with that. You know, it's interesting. You know, I think, and you have to wonder |
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