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On The Tape

MRKT Call: When Will Stocks Break?

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 23 May 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Dan Nathan and Guy Adami break down the top market headlines and bring you stock market trade ideas for Tuesday, May 23rd 0:00 - Credit Crunch Looming? 15:00 - Rates & U.S. Dollar 21:30 - Guy on Gold 27:45 - Apple, Chip Wars Articles Referenced Looming Defaults Threaten Chain Reaction From Credit Into Stocks China’s local-debt crisis is about to get nasty China’s $23 Trillion Local Debt Mess Is About to Get Worse MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube

Transcript

Click on a timestamp to play from that location

0:00.0

When you hear that guitar riff, you know that it's 1 p.m. on the East Coast. It is a market call.

0:19.9

I'm Guy Tommy. That's Dan Nathan. It's just the two of us today.

0:24.4

This market call, Dan, brought to you by CME Group, where risk meets opportunity, where Laird Hamilton

0:31.6

looks over the Pacific Ocean waiting for his set, not unlike Bodie from Point Break. And of course, our data provider

0:39.4

FACSET, Financial Data and Analytics powered by tomorrow. We're going to be really like on it today.

0:47.0

130 and we're 5,000. But how are you? I'm doing great guy. Have you ever served guy as we go

0:53.3

immediately into a tangent here?

0:55.4

Sorry Amanda. The short answer is I have attempted to do it. I will tell you the core strength

1:01.2

required to be a proper surfer is something else because there is a move from being prone on a

1:07.8

surfboard to getting then standing on a surfboard is a one-step move.

1:12.8

And if you try to do it in multiple steps, you're not going to make it.

1:15.6

So that's a very difficult move.

1:17.7

It looks exquisitely easy when you watch some of the great surfers out there, but not as easy as it looks.

1:25.1

Well, it's interesting.

1:25.8

I mean, and again again if you have like little

1:27.9

kind of um little arms like our boy rapis um yeah squad here it's kind of hard to paddle out for a guy

1:34.3

like that you know what he mean so like that's one of the reasons why we we really want him to focus

1:38.5

on those tries as he gets kind of set for his plel c by the way, are 60% of your upper arm.

1:44.6

So for you folks out there that are doing biceps to try to get your arms bigger,

1:48.9

in fact, you should be focused on the tricep.

1:51.1

And by the way, and sorry Amanda, again,

1:53.8

one of the great scenes in movie history, of course,

...

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