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CNBC's "Fast Money"

All Eyes on Jerome Powell, and Making Sense of Tech Valuations 8/25/22

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 25 August 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Fed chairman set to take the stage at Jackson Hole tomorrow morning and investors are closely watching what he says about where rates are going next. So how should you set yourself up for the moves. Plus, tech stock valuations have taken a hit in recent months, but not all names have been painted with the same brush. Which ones have been holding up, and which ones could be vulnerable now? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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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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