The recent sell-off is residual damage from the Softbank trade being unwound, according to Joe Brusuelas, Chief Economist at RSM. Brusuelas says "Real Money" traders are pulling back on risk due to what's going on in the political sector, and a portion of retail traders are shifting their money back into sports betting. We also react to the Wells Fargo CEO blaming a lack of diversity on "a very limited pool of Black talent to recruit from," and discuss the controversy surrounding electric vehicle company Nikola and its founder Trevor Milton.
---
Send in a voice message: https://podcasters.spotify.com/pod/show/market-banter/message
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More