Guy Adami, Elizabeth Thomas of SoFi, and Dan Nathan dive into the latest market trends, football updates, and notable financial happenings in Monday's edition of the On The Tape podcast. The episode starts with a light-hearted discussion about the Green Bay Packers' performance before shifting focus to the market's current state, with the S&P 500 nearing all-time highs. The hosts analyze historical interest rate trends, sector performances, and the impact of the Federal Reserve's actions. They delve into rising tech stocks, particularly AI-driven companies, and discuss the potential consequences of a long-duration bull market. The episode also highlights important corporate earnings from companies like Microsoft, Micron, and Costco, and their implications for the broader market. The show wraps up with thoughts on potential mergers and acquisitions, particularly Intel and Qualcomm, and the current regulatory environment.
Guy Adami sits down with Terry Duffy, the chairman and CEO of CME Group, at the Georgetown University Psaros Center for Financial Markets and Policy. Duffy reflects on his journey from a humble start at the Chicago Mercantile Exchange in 1980 to leading CME Group, a company now valued at $78 billion. They discuss the vital role of futures in risk management, with Duffy highlighting how proper hedging could have prevented the downfall of institutions like SVB and Republic Bank. The conversation also touches on Duffy's instincts regarding the fraudulent nature of FTX’s Sam Bankman-Fried and the profound impact of emerging markets like crypto and AI.
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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.
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Check out our show notes here
See what adding futures can do for you at
cmegroup.com/onthetape.
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