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niewl niewl -- neil: all right, stuart, thank you very much. a selloff at the corner of wall and broad, a bit of a wash in the month of may. there's a tug-of-war going on between those optimistic about business growth, we saw that in salesforce, after hours trading showing robust business growth. we are not seeing it in a host of other areas, most notably among technology companies that are starting the beginning of what could be a layoff process right now, layoffs in that sector the highest we've seen since 2020. so this push and pull over what's good news or bad news and how the federal reserve would respond to that, that the continues to be a dominant theme. this is the sixth month in a row we've seen that play out right now at the corner of wall and broad. and, by and large -- with the exception of may -- more on the selling side than the buying side, even though i believe the nasdaq was down about 2% for the month of may. the other averages basically a watch. let's get the read from grady trimble. opec looking to say, russia, we know you'r
niewl niewl -- neil: all right, stuart, thank you very much. a selloff at the corner of wall and broad, a bit of a wash in the month of may. there's a tug-of-war going on between those optimistic about business growth, we saw that in salesforce, after hours trading showing robust business growth. we are not seeing it in a host of other areas, most notably among technology companies that are starting the beginning of what could be a layoff process right now, layoffs in that sector the highest...
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Jun 30, 2022
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stuart: do i have a show to do? , i do. thank you, stuart, very, very much. we have selloff on corner of wall and broad. middle of a trading day, wrap up
stuart: do i have a show to do? , i do. thank you, stuart, very, very much. we have selloff on corner of wall and broad. middle of a trading day, wrap up
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niewl niewl -- neil: all right, stuart, thank you very much. a selloff at the corner of wall and broad, a bit of a wash in the month of may. there's a tug-of-war going on between those optimistic about business growth, we saw that in salesforce, after hours trading showing robust business growth. we are not seeing it in a host of other areas, most notably among technology companies that are starting the beginning of what could be a layoff process right now, layoffs in that sector the highest we've seen since 2020.
niewl niewl -- neil: all right, stuart, thank you very much. a selloff at the corner of wall and broad, a bit of a wash in the month of may. there's a tug-of-war going on between those optimistic about business growth, we saw that in salesforce, after hours trading showing robust business growth. we are not seeing it in a host of other areas, most notably among technology companies that are starting the beginning of what could be a layoff process right now, layoffs in that sector the highest...
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Jun 16, 2022
06/22
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stuart: wait a second. wait a second, matt. >> yeah? stuart: if i buy into the stock market, i get something back. i get a share and a piece of a company, so if the price goes down i still got a piece of the company. if the price starts to go up again, i've got a bigger piece of the company but if i buy into bitcoin or any crypto, there's nothing there, matt. there's no money there, there's no property there, and i'm buying into absolutely nothing. why do you assume that if you buy into nothing you'll bounce right backup again with stocks? >> oh, well i would pushback that you're buying into nothing. the core technology behind crypto, blockchain technology, the idea of a decentralize decentralized lemont erin the case of bitcoin and the idea of digital store value for the long term that remains intact so you're buying into the same thesis you were buying into years ago which is that is a technology going to transform the way money and finance works over the long term. stuart: not a value if people don't buy it: it's only the value of th
stuart: wait a second. wait a second, matt. >> yeah? stuart: if i buy into the stock market, i get something back. i get a share and a piece of a company, so if the price goes down i still got a piece of the company. if the price starts to go up again, i've got a bigger piece of the company but if i buy into bitcoin or any crypto, there's nothing there, matt. there's no money there, there's no property there, and i'm buying into absolutely nothing. why do you assume that if you buy into...