Okay, Computer 11/23/22: A Business Insider Says the Stock Market is Probably Screwed

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RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 23 November 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dan talks with Business Insider columnist Linette Lopez about her new piece on why the stock market is probably “screwed” (2:30), new COVID-19 lockdowns in China creating fresh headwinds for the global economy (7:30), the time Linette became a target of Elon Musk (11:00), Tesla shareholders likely suffering from Elon Musk’s focus on Twitter (15:30), and how so many sophisticated investors were duped by Sam Bankman-Fried and FTX (22:00). — Read Linette’s new column: The US economy may not be screwed after all — but the stock market sure is Check out Linette’s epic Twitter thread showcasing her work on Tesla & Elon Musk over the years ---- View our show notes and transcript here ---- Email us at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We’re on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

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0:00.0	All right, welcome to OK Computer. I am your host, Dan Nathan. I am here with the illustrious
0:06.7	Lynette Lopez columnist at Business Insider and my friend. Hi, Lynette. Hi. Thanks for having me.
0:14.4	All right. Listen, you and I have a lot to talk about here. I feel like the last time I saw you was a few
0:19.8	weeks ago, there was some libations.
0:22.4	There was some of that. We probably talked about a lot of the same stuff we're going to talk
0:26.6	about right now. But there was a couple of things, your work product that have caught my
0:32.9	attention over the last couple of weeks that I really want to talk about. Of course we're going to
0:37.1	talk about, you know, Elon Musk and Twitter and Tesla and all that sort of stuff. You've been
0:41.7	reporting on him for a very long time. We're going to talk about this SBF and the FTX situation.
0:47.4	But first and foremost, let's just say this. I met you 10 years ago. I think you just started
0:53.3	at Business Insider. I got to give a shout
0:55.8	out to TRB. That is the reform broker, Josh Brown. I'm sure it had something to do with him,
1:01.2	didn't it? Absolutely. Yeah. I think we were probably at Ginger Man or something having a beer.
1:09.3	And I was business insiders like 30-something employee. It was like very early
1:15.5	I started there. I got there right out of Columbia Journalism School and I wanted to do something
1:21.1	digital first. And that bet really paid off in a big way. It's interesting. You graduated
1:27.2	college in the late odds.
1:28.7	You know, you got an advanced degree and you just made your mind up at any point you could
1:33.8	have gone to the Wall Street Journal or the New York Times or Barrens or anything like that.
1:37.6	But you wanted to do a digital first. And again, you know, Business Insider, I will tell you this,
1:42.7	the first time I ever read anything about Bitcoin was on Business Insider.
1:47.3	There was a lot of things that you guys were really early on that.
	...

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