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RiskReversal Pod

Trading Spaces 12/20/21: Market Sell-Off and 2022 Outlook with Liz Young of SoFi

RiskReversal Pod

RiskReversal Media

Investing, Business News, News, Business

4.7836 Ratings

🗓️ 20 December 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

On this episode of Trading Spaces, Dan Nathan and Guy Adami discuss the market sell-off and weakness in crude oil, Tesla, and other tech stocks. They are joined by Liz Young, Head of Investment Strategy at SoFi, to break down her latest piece 2022 Outlook: Running into the Wind. Be sure to follow Trading Spaces on Twitter so you can join us live every Monday and Wednesday at 1 pm.

Transcript

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0:00.0

This is Trading Spaces.

0:03.8

Guy Adami and myself, Dan Nathan.

0:05.7

We do them every Monday and Wednesday at 1 p.m.

0:09.2

Live on Twitter Spaces.

0:11.3

They also go into our podcast feed on the tape podcast.

0:14.7

Both are sponsored by CME Group.

0:17.1

We love CME Group.

0:18.3

They are the largest futures exchange in the world guy you love huge

0:21.9

fan as you know i've been a a huge fan ever since i met terry duffy i met him in the late 80s

0:28.9

early 90s and we've been remained fast friends ever since but the company is just a juggernaut so

0:34.9

absolutely absolutely all right well here are. We're going to have

0:40.3

Liz Young with SoFi join us in about 15 minutes. She just put out her 2022 market outlook. We're

0:46.4

going to talk about some of the key points in there. But guy, let's hit the markets here. We've got 15

0:50.6

minutes. Let's run through this stuff because there's a lot going on here. And, you know, it's interesting that the narrative over the last couple of weeks with this

0:57.3

latest variant, you know, a lot of people were comparing at least as far as the market,

1:01.9

the market impact. Obviously, the health impacts are super important. Neither guy or I are, you know,

1:08.3

that's way, way, way above our pay grade here, but we're charged, as

1:11.5

guy likes to say, we're figuring out markets.

1:14.5

People were thinking that it might go the way of the Delta variant here.

1:17.9

What is your take right now as people are thinking about the reopening trades around the

1:22.5

world or the reopening of economies and what that means for market trading?

1:25.9

Yeah, I'm not certain again.

...

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