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Newsquawk US Early Morning: Global equities are falling on Tuesday amid risk-off trade; Fed Chair Powell ahead

Transcripts for MSNBC Jose Diaz-Balart Reports 20220125 15:22:00

jose, on a daily base, but the market has been at lofty levels. we had some speculative excesses in some of the big cap technology names, in some of the social media names, in mean stocks and cryptocurrencies. in those areas where a lot of money was used to goose various investments, they have all come crashing down. there are a couple of hundred stocks that are down anywhere from 10 to over 50%. we re in the midst of a violent correction right now. listen, when everybody says, volatility is coming back, if you look at the history of wall street, volatility has always been with us. it is a feature of financial markets. whether it continues to this exstent is an open question, but i think until we have more information about the fed s intentions, and more clarity around ukraine, we will see a lot of backing moving back and forth in the equity markets. and in fact, that s true globally, as well. ron and stephanie, i could talk to you guys all day. i am so grateful to have your time w

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