All Eyes on Jerome Powell, and Making Sense of Tech Valuations 8/25/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 25 August 2022
⏱️ 44 minutes
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| 0:00.0 | And right now on fast, countdown to power, the street rallying ahead of tomorrow's big |
| 0:05.6 | speech from the Fed Chairman, Jackson Hole. |
| 0:07.8 | But do investors need to brace for a healthy dose of tough love? |
| 0:11.3 | Plus, shares of a firm getting hammered after hours down more than 13%. |
| 0:16.2 | The Fentech Company missing on the top line and giving week guidance will go inside the |
| 0:19.8 | numbers. |
| 0:20.8 | And later, Peloton spinning its wheels, a big downgrade in the housing sector and the |
| 0:25.5 | options action post-slip for Tesla. |
| 0:28.2 | I'm Courtney Reagan in this evening for Melissa Leed. |
| 0:30.6 | This is fast money, live from the NASDAQ market site. |
| 0:33.4 | On the desk tonight, Guy Adami, Tim Seymour, Karen Feigerman, and Dan Nathan. |
| 0:38.0 | We are going to start with a countdown to Jerome Powell on just under 17 hours. |
| 0:42.5 | The Fed Chairman will speak in Jackson Hole Wyoming and investors are keyed in for any |
| 0:46.6 | signs of how aggressive the Fed will be with its future rate hikes. |
| 0:50.7 | Stocks rose in anticipation of Powell's comments with the major averages closing near |
| 0:54.4 | their highs of the day, the NASDAQ led the gains up more than 1.6%. |
| 0:58.5 | But the market is still on pace for a second straight week of losses. |
| 1:02.7 | Meanwhile, crude oil and treasure yields both pulled back the 10-year down after hitting |
| 1:07.0 | a two-month high early in the session, breaking a four-day win streak. |
| 1:10.3 | So what do markets need to hear from the central bank, Chairman, tomorrow? |
| 1:14.5 | Karen, I'd love to start with you this evening. |
| 1:16.8 | What do you think we are anticipating hearing? |
... |
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