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Real Vision: Finance & Investing

The End of an Era: GE Splits into 3 Companies

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.11.1K Ratings

🗓️ 10 November 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

DB-Nov09,2021:What’s going on with General Electric? After a decade of being only a shell of its former self, the manufacturing giant founded by Thomas Edison is splitting up into three separate companies, each focused on aviation, health care, and energy. Tony Greer discusses why U.S. stocks suspended the longest rally since 2017 amid surging treasuries and why the S&P 500 collapsed for the first time in nine sessions. In other news, Greer analyzes why oil hit $84 a barrel as Bitcoin and Ethereum reached all-time highs. Interviewed by Ash Bennington. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3BZQseq Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:03.6

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0:07.8

grouping customers with very different behaviours into one tangled mess.

0:12.0

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0:18.2

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0:22.4

Into it Mailchimp, the number one email marketing and automation brand.

0:26.8

Based on customer numbers, per verification email, advertising at Mailchimp.com.

0:30.4

Welcome to the Real Vision Podcast Network.

0:42.4

Tony Greer, welcome back to the show. Always a pleasure to have you here.

0:46.4

Sash Bennington, how are we doing this week?

0:48.6

I'm doing great. Before we get started, lots happening in markets right now.

0:52.6

First question to you, Tony. Why the hell are we wearing neckties?

0:56.4

I tuned in. You had a tie on. I was like, I'm not going to be the only guy looking like a shrub.

1:01.2

I went and got mine. It looks like we're calling a major league baseball game.

1:05.2

What's going on?

1:06.2

We are not calling a major league baseball game even better.

1:08.8

We are calling financial markets.

1:10.8

My man, Darius Dale, said to continue bringing the heat.

1:14.0

I thought that a great way to keep bringing the heat would be to show up in old Wall Street form,

1:18.8

looking, you know, with a tie and a press shirt, looking sharp.

1:22.4

And my favorite part of the day so far has been your realization seeing me in a tie and going,

1:28.0

wait a minute, I'm not going into this thing in a t-shirt.

...

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