Omicron: Should Investors Worry?

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.1 • 1.1K Ratings

🗓️ 2 December 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

DB-Dec 01,2021: As U.S. equities and oil inventories rise, investors are wondering whether the newly discovered Omicron variant threatens to reverse the recovery the economy has made. While officials instruct people not to panic, the uncertainty has already caused some movement in the markets: the S&P 500 rose 1.7%, the Dow Jones Industrial Average rose 1.3%, and the Nasdaq Composite rose 1.4%. Darius Dale analyzes whether businesses should worry about another lockdown. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3xLcNfq Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Mailchimp would like to talk to you about customers.
0:03.6	A customer is what happens when marketers fail to personalise their marketing,
0:07.7	grouping customers with very different behaviours into one tangled mess.
0:11.8	But with MailChimp, marketers can use real-time behaviour data to personalise every email for every customer.
0:18.2	So get MailChimp and turn your customers into customers.
0:22.4	Into it MailChimp, the number one email marketing and automation brand.
0:26.7	Based on customer numbers for verification email, advertising at MailChimp.com.
0:30.3	Welcome to the RealVision podcast network.
0:42.4	Welcome to the RealVision Daily briefing. It's Wednesday, December 1st, 2021.
0:47.0	I'm Ash Bennington, joined today by Darius Dale. Let's just jump right in here. Obviously,
0:53.1	a lot happening, lots to talk about. The first Omicron case detected in the United States,
0:58.6	probably no surprise to anyone. Nonetheless, US equity markets reversed their earlier gains and
1:03.8	sell off. Looks like the S&P is off about one spot, 2% on the day. NASDAQ looks like the big
1:11.0	loser off almost 1.83%. NASDAQ, excuse me right now, S&P 500 trading at 4512 as we head into the
1:20.6	close right now. US equity markets have really been, well, let's just call them very active
1:27.3	since Friday. News coming from Jay Powell, yesterday, Fed Chair Jay Powell on the hill talking
1:34.6	about the potential to withdraw the accommodation via the taper more quickly than originally planned.
1:42.1	And also potentially retiring the word transitory. Obviously, some very big news.
1:48.0	Couldn't have a better person here to talk about this, to bring us into his macro world view.
1:53.2	Darius Dale, welcome back to the show. Ash, what's up, man? How's it going?
1:57.5	Oh, man, you tell me. What's your view of everything that's happening here? We talked about it a
2:01.7	little bit at the top of the show, incredibly active time. What's the framework saying? What are your
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.