The SEC is worried about market manipulation when it comes to crypto. The most important word in that sentence is non-custodial exchanges. Charles Schwab and Citadel, what do they do? They just launched an EDX, a new crypto exchange. So I really think, you know, with Warren Buffett, right, be fearful when others are greedy, be greedy when others are fearful?
Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams break down market and economic reaction to a variety of data and look ahead to a busy week coming up. Ana Arsov, Co-Head of Global Banking at Moody’s, talks about the banking sector after a week of earnings results. Rob Frasca, Managing Partner at Cosimo Ventures, shares his thoughts on traditional finance getting into the crypto game. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the pros and cons of obesity drugs. And we Drive to the Close with Ryan Detrick, Chief Market Strategist at the Carson Group. Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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