Dan Breaks Down Nike Earnings & FTX in Talks to Buy Robinhood

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What do Nike's China challenges mean for other major U.S. multinationals and Dan reacts to news FTX in talks to buy Robinhood   #robinhood #nike #china #stockmarket #crypto #cryptocurrency #bitcoin #trading #tradingstrategy #markets #stocks

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00:00 >> You said the lender of last resort looks more like the

00:02 island of like misfit crypto toys or something like that I

00:05 mean like when you think about it and when he says that he's

00:07 really impressed with that business, I mean obviously he's

00:09 built a very good business. He's taken that personal

00:12 stake in Robin I don't know what's so great about that

00:14 business they had I mean guys to say the hair right is that

00:17 we say the hair but they had that hyper growth and then they

00:19 literally last year during the biggest retail frenzy that's

00:23 ever existed in the stock market they were trading doge

00:25 coin like for you know, I mean like that was how they made

00:28 money so to me I don't find it particularly interesting. I

00:30 don't know why he could replicate that if you wanted to

00:33 do stock trading or stock trading really kids call today.

00:36 Yeah, I think that's going to continue to be a story here I

00:40 think there's going to be pockets of you know some of

00:42 these this is situations that kind of ease to say that Sarah

00:46 mentioned, you know that China is down 19% year over year and

00:49 she also mentioned that there was kind of a nationalistic

00:51 pushback a little bit and I think that's something that we

00:54 might start to see increasingly so you might see with an Apple

00:57 you know like this. Yeah, and Starbucks so so there's a lot

01:00 of us multinationals that I think you know are not out of

01:02 the woods and I don't think they have a lot of clarity

01:04 because they don't have situation in Europe or the

01:06 situation in Asia that looks anywhere like it did in 2019

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