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RiskReversal Pod

Talk Markets to me Goose and an Interview with Mike Wilson of Morgan Stanley

RiskReversal Pod

RiskReversal Media

Business News, News, Investing, Business

4.7836 Ratings

🗓️ 27 May 2022

⏱️ 62 minutes

🧾️ Download transcript

Summary

Guy and Danny discuss Danny turning constructive (2:07), what retail earnings are saying about the consumer (8:30), Gamestop rallying 50% in the last few weeks (19:04), and the energy space (24:10). The co-hosts interview Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, about his recession outlook (30:45), role at the firm (36:41), bear/base/bull case on the markets (38:30), the next shoe to drop (47:38) and what can go right (55:58). ---- See what adding futures can do for you at cmegroup.com/onthetape.  ---- Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod. We’re on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

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0:00.0

In 1982, I stepped foot into my dorm room and I met my college roommate.

0:06.9

The name was John Lyons, John Kevin Lyons, a musician from Mechwan, Wisconsin,

0:11.9

and brought with him a number of albums, some of which I had never seen.

0:16.5

And one of the albums was from a Canadian group called April Wine. And the hit song on that album,

0:23.0

Danny Moses, was just between you and me. I know that our love was meant to be. And I got to

0:30.0

tell you something, as we sit here today, this podcast, young man, is just between you and me as

0:37.3

Danny Nathan is traveling. How are you, Danny Moses?

0:41.4

I'm good, buddy. By the way, a few years after that was the original top gun release.

0:46.4

I'll tell you why. I think we're in a top gun moment here, but please continue.

0:49.8

Well, we're in a top gun moment. And, you know, it's funny, we get cast and I think we get labeled as always being

0:55.4

dower negative.

0:56.5

But I will tell you, and you've tweeted some things out, and I really want to drill down a bit,

1:00.7

that you're starting to get a little more constructive.

1:02.4

I don't think by any stretch you think things are over, but you're starting to see things

1:06.6

that are peaking your curiosity.

1:09.0

And you've been quite active on the Twitter recently as well.

1:12.1

I wouldn't say overly active, but I try to pick my spots. But dare I be bullish, I realize now

1:17.2

what it must be like on the other side to be bearish and then have all the people that are positive

1:21.1

come at you. I tried to be constructive, as we say. And on Monday afternoon, just before the

1:26.6

closed, just watching the action, I was watching all

1:28.8

the meme stocks, all the shit stocks trade down. And some of the quality, it was the day of the

1:33.7

Jake Morgan update that they gave on their analyst day. And I saw that trade and some other names

...

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