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On The Tape

Turning Japanese and a Conversation with Stuart Sopp and Trevor Marshall of Current

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 4 August 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

Guy and Dan are joined by Stuart Sopp, CEO & Co-Founder of Current, and talk about happenings in the Japanese market trickling into the US (3:00), China/Taiwan (6:00), energy stocks catching a bid (11:00), bitcoin (12:00), deflationary data (15:00), what’s changed in 2023 (20:00), and Dan gives an update on his weight loss journey (25:00). Later, Trevor Marshall, CTO of Current, joins to discuss FinTech earnings (30:00), credit competition (33:00), X /Twitter as a “super app” (35:30), the AI hype (38:30), and client acquisition (53:00) About the Show: On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. Check out our show notes here Learn more about Ro body: ro.co/tape 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 Follow Liz Young @LizYoungStrat 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

In 1980, a band called The Vapers had a hit.

0:05.0

I know Stuart Soap knows this.

0:07.0

The name of the song was Turning Japanese.

0:10.0

Turning Japanese was a song.

0:12.0

I was in high school.

0:13.0

I'm like, what are they even talking about turning Japanese?

0:16.0

But oddly enough, a lot of things that have happened over the last couple weeks

0:20.0

leads me to believe

0:21.2

that here in the United States, we might be turning Japanese.

0:24.9

By the way, you're listening to the On the Tape podcast.

0:27.8

I'm Guy Adami.

0:28.5

Always joined by Dan Nathan.

0:30.8

Danny Moses of Big Short Fame.

0:33.5

He's in Europe.

0:34.4

He's in Italy, I believe, right now.

0:35.9

He's just docksed him.

0:37.0

I did what?

0:37.6

Doxed him. I don't know what this means. We talk about this almost every show.

0:41.0

I just told people, is somebody going to get on an Alitalia flight and go find Danny Moses?

0:46.2

I don't think that's going to happen. by co-founder of current Stuart Sop.

0:55.7

And in the second part, we're going to be joined by the CTO that's chief technology officer and co-founder, Travel Marshall.

1:03.5

And we're going to talk all things tech in the fintech world.

...

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