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RiskReversal Pod

The Irishman with Packy McCormick of Not Boring

RiskReversal Pod

RiskReversal Media

Business News, News, Investing, Business

4.7836 Ratings

🗓️ 9 July 2021

⏱️ 63 minutes

🧾️ Download transcript

Summary

Guy, Dan and Danny discuss warning signs in the market (1:32), earnings season kicking off (11:06), and China’s tech crackdown (21:17). The co-hosts interview Packy McCormick (27:30), writer & creator of the Not Boring newsletter and talk about his take on technology stocks (31:04), the next trillion dollar company (38:14), why Packy loves twitter (43:40), the dangers with Robinhood (51:43) and ethereum vs. bitcoin (58:27). The Not Boring posts referenced in this podcast are: The Great Online Game Own the Internet Dreams All The Way Up ---- 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

Transcript

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0:00.0

Daddy, you got to sing us in here.

0:05.3

Guy, what do you got, Stone Pony there, buddy?

0:06.9

You don't seem like the Stone Pony type.

0:08.5

It's interesting.

0:09.0

So, obviously, for the folks listening, they can't see us, but I'm wearing a Stone Pony

0:14.0

t-shirt, the Stone Pony being one of the great bars on the Jersey Shore, I think, started

0:18.1

in 1974.

0:19.7

If you were to go, you might fortunate enough to see the great Bruce Springsteen show up, Dan.

0:24.8

Yeah, well, you know, come on.

0:26.7

What to me.

0:27.1

Yeah.

0:27.5

No, I'm just telling you, it's a great place.

0:29.4

If you want to go to a bar and listen to great tunes, go to Stone Pony.

0:32.2

I think when Bruce and the East Street band were, you know, they were like pre-born to run and they were doing

0:38.4

their thing down there. Now it's like some, it's like a, it's like a mecca to him. I don't think it's

0:42.7

like the legit. What about Bon Jovi? He's down around there, isn't he? Somewhere. Bon Jovi is,

0:46.6

I believe he lives in the Rumson area, the high net worth area, Danny Moses. I'm sure you've played golf at due process because I know that's how you roll for you

0:54.9

folks in South Jersey. What also is rolling this week, and I got to pay homage. I don't know how

1:00.3

you spell that one. I think there's an H in front of it, but paying homage to the great Dan Nathan,

1:05.0

who for weeks, if not longer, has been saying, you know what, guy, 10 year yields are going to 1 and a quarter percent. You can at me all you want, but 10 year yields are going to 1 and a quarter.

1:14.1

And magically this week, where do they go, Dan, Nathan?

1:16.7

Yeah, they went to 1 in a quarter.

...

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