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RiskReversal Pod

The Fed’s Needle and the Damage Done with Tom Lee of Fundstrat

RiskReversal Pod

RiskReversal Media

News, Business News, Business, Investing

4.7836 Ratings

🗓️ 7 January 2022

⏱️ 64 minutes

🧾️ Download transcript

Summary

Guy, Dan, and Danny discuss the Fed Minutes (3:36), bank earnings (17:01), bitcoin as a store of value (20:41), what it would take to calm the markets (26:37), and Danny’s NFL picks (33:49). The co-hosts interview Tom Lee of Fundstrat and talk about why we could see a 10% correction in the first half of 2022 (39:52), Tom’s oil outlook (43:47), and crypto (1:04:37). For more on Tom’s crypto outlook listen to Dan’s interview with him on Okay, Computer. Check out the Gary Black tweet Dan references in the bitcoin conversation ---- 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

Click on a timestamp to play from that location

0:00.0

I've gotten to the point now where I have to start this podcast talking about now the immortal Danny Moses.

0:08.8

Record stands at 24 and 3, which is mind-boggling on a number of different levels.

0:15.5

So, Danny, I know you have some picks for us on the final week of the league where they play for pay.

0:20.5

And we're going to get to

0:21.5

those. But then, Nathan, as you sit here now, what are your thoughts just around what's

0:25.8

transpired over the last few months? Listen, I got to give our listener a little background here.

0:31.5

So in the last week of August, we had Indoniken Sue on the podcast. And Donican is a defensive end for the Tampa Bay Buccaneers.

0:40.0

And he's a friend of our really good friend, Joe Marquesie, and he's an investor in both

0:43.8

public and private markets.

0:45.0

And he has this amazing investment in just financial literacy.

0:48.7

And it was just this amazing conversation.

0:50.7

So then the next week, it's week one in the NFL.

0:53.8

And Danny, his very first pick,

0:55.9

and you and I guy have no reason to believe whether he's any good at doing this. And his first pick

1:01.3

is against, he takes whoever was playing the Super Bowl champ. Dallas. I took Dallas. Yes. And I just

1:07.9

like, I'll take the other side of that. So maybe for like 500 or something like that. I get steamrolled. And then the next week, he comes back. I honestly think I got set up here because we had no reason to believe that he could go up. And so I take the other side. All right, now I'm down a grand. And then I'm like, all right, I'm reaching here. And he's on this amazing streak. And so here I am.

1:28.7

I'm down eight grand. What do you want from me? I don't know. Well, just to be fair, now you're down

1:33.5

eight. All our viewers think is that you were down seven at this point because again, you call me on

1:37.9

Sundays at 1259 and 414. I'm chasing. Yeah, you're chasing. That's fine. And some I like, some I don't. So you have

1:44.4

come at me with various picks and I have taken the other side. Yeah, but I feel like I got hustled here,

1:49.0

guy. Honestly, I feel like I'm some little old lady. You feel like Robert Shaw in the sting.

1:54.4

You think that Danny Moses is Paul Newman. You think I'm Robert Redford, you're Robert Shaw, you're Robert Shaw, you're Redford

...

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