The Market Doesn’t Care About Your Feelings + A Cannabis Conversation

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 5 December 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dan Nathan and Liz Young from SoFi preview this week's top market headlines and get you caught up on what you might have missed over the weekend. What direction is the S&P 500 going? Ask Mike Wilson and Tom Lee, you'll get two separate answers (8:30). Chinese stocks are rallying around a possible relaxation of ‘zero COVID’, do we really have confidence in the latest China re-opening narrative (14:00)? Tesla is reportedly cutting production in Shanghai due to low-demand, what do we make of this news from the world's most valuable automaker (18:30)? After the break, Danny Moses chats with Brady Cobb and Emily Paxhia about advancements in cannabis legislation (27:00). How does the SAFE Banking act help marijuana distributors and dispensaries when it comes to ease of access to capital (38:00) Check out our show notes and transcript here ---- Live Show With The Compound: https://bit.ly/3VVYyPp ---- See what adding futures can do for you at cmegroup.com/onthetape. ---- Shoot us an email at [email protected] 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 Subscribe to our YouTube page

Transcript

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0:00.0	All right, welcome to a bonus edition of On the Tape podcast.
0:05.2	I'm Dan Nathan.
0:06.2	I am joined with Liz Young.
0:07.9	She is the head strategist at SoFi.
0:10.1	Many of you may know her as LY from SoFi.
0:14.0	Liz, welcome to On the Tate.
0:17.2	How are you?
0:18.1	I'm good.
0:19.1	I'm good.
0:19.9	We're recording this on a Monday, but I'm one of those weirdos who loves Mondays.
0:23.6	Oh, my God.
0:24.3	Wait, how does that happen?
0:26.4	Who loves Mondays?
0:27.4	I don't know.
0:28.3	I just get started again.
0:30.4	I always, I'm well rested from the weekend.
0:33.6	Two cups of coffee.
0:35.1	I'm ready.
0:35.4	Fair enough.
0:35.9	All right. Well, you know that if Guy Adami were here, he'd be making some sort of Monday, like,
0:40.8	lyricical joke or something.
0:42.9	There'd be something there, but he's not here.
	...

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