Something Happening Here & A Conversation With Terry Duffy, CEO of CME Group
Mar 10, 2023•1 hr 13 min•Ep. 151
Episode description
Guy Adami and Danny Moses are holding down the fort on this week’s On The Tape! Silicon Valley Bank launches $2.25 billion share sale to shore up capital base (3:10). The issue doesn’t appear to be systemic, but it could be foreshadowing of turbulent airways ahead (12:45). Jerome Powell spoke, Fed Funds Futures flipped (18:40). Guy & Danny stress the importance of having a plan when trading this downward trending market (25:30). What we’re seeing isn’t a credit issue, it’s a leverage issue (31:30). It’s time for gold to get off the mat (32:45).
CME Group’s CEO Terry Duffy is back to break the internet again! Terry discusses his latest opinion piece for the Financial Times: Risk management is the alpha for a time of uncertainty (42:00). Are financial regulators missing any glaring red flags in the market right now (51:30)? How is the “bad behavior” of this market different from the 2008-09 financial crisis (55:15)? Traders are losing the forest through the trees hanging on every word Jerome Powell says (59:00). We look back on the time Terry Duffy blasted disgraced FTX Founder & CEO Sam Bankman-Fried (1:01:00).
Check out our show notes here
----
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 us on Instagram @RiskReversalMedia
Subscribe to our YouTube page
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast