Meme Stock Anniversary; Tensions in Eastern Europe; A Massive Market Swing
After the biggest intraday market bounceback in years, investors are making sense of tech stock stumbles, inflation fears, and uncertainty from the Fed. Cryptocurrencies are still trading lower, with bitcoin down 50% from its highs. About 8,500 American troops are standing by for deployment as the U.S. and its European allies watch Russia-Ukraine tensions escalate. CNBC’s Kayla Tausche breaks down the U.S. response to the rising likelihood of a Russian invasion, and Hayman Capital Management CIO and global investor Kyle Bass considers the conflict’s impact on portfolios and geopolitical stability. Plus, it’s been a year since the Reddit Rebellion. WSJ journalist and “The Revolution That Wasn’t” author Spencer Jakab explains what’s changed--and what hasn’t--since the ‘little guys’ took on Wall Street. In this episode: Kyle Bass, @Jkylebass Spencer Jakab, @Spencerjakab Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Kayla Tausche, @kaylatausche Katie Kramer, @Kramer_Katie
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