4.6 • 757 Ratings
🗓️ 28 November 2022
⏱️ 43 minutes
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0:00.0 | You're listening to a bonus episode of On the Tape. Guy Adami here, joined by Dan Nathan, |
0:06.5 | and of course the great Peter Bookbar. Later, Peter's going off the tape with Wisdom Tree CEO, |
0:13.5 | Jonathan Steinberg. I think Wisdom Tree is probably up like $80 billion or so of assets under management. |
0:19.5 | They were sort of the groundbreakers of the whole |
0:21.5 | ETF world. And Jonathan and Peter, I have a great conversation. But before we start with that, |
0:27.1 | how are you, Peter? Guy, Dan, great to chat with you guys. Listen, you had a great note out this |
0:32.9 | morning. Obviously, I think what's front and center is China, what's going on there, the opening, reopening, |
0:39.3 | not opening, now civil unrest. |
0:41.7 | It makes you wonder how this whole thing is going to shake out. |
0:44.6 | And for whatever reason, our market is seeming to pick up on that today. |
0:48.6 | Well, what's interesting is, you know, China's authoritarian government is all about control, |
0:53.8 | control, control. Now we're |
0:55.6 | beginning to see that the disgust and the dissent has brought people to wit's end. It's amazing |
1:01.9 | how much they're acting out. And immediately, I mean, it's just within hours of some of this. |
1:08.3 | I'm reading a story that China's eased even more restrictions |
1:12.1 | after the weekend's protests and that the government is going to no longer block access to |
1:17.6 | apartments where infected residents live. Now, that may not sound like that's really going out of |
1:23.9 | their way, but a couple of weeks ago, they announced 20 different initiatives to get to |
1:30.8 | an easing approach to their COVID stance. So there's been a lot of steps that have been leading to it. |
1:38.8 | But now I think the hope is that it's going to really quicken the pace. And while we still have to |
1:43.8 | wait until February, March, when they get through the flu season, it's, it's that it's going to really quicken the pace. And while we still have to wait until February |
1:45.3 | March when they get through the flu season, it's obvious that there's an end game here to China's |
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