All ok to Raise Rates? Investors Awaiting Fed’s Next Move 9/19/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 19 September 2022
⏱️ 44 minutes
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| 0:00.0 | Right now, unfast, rates keep surging ahead of the Fed's big decision this week. |
| 0:06.2 | One of Fed share pals keep arometers, the 10-year hitting its highest level since 2011. |
| 0:11.3 | Former Pimco Chief Economist Paul McCulley will be along to tell us why he thinks the |
| 0:15.3 | market needs to brace for a nasty Fed and more Powell pain. |
| 0:19.1 | Plus, is the crypto winter about to get even colder, a bruising weekend, pushing Bitcoin |
| 0:24.0 | to a three-month low? |
| 0:25.4 | The chart master's bold call that Bitcoin is far from bottoming. |
| 0:29.3 | And later, Ford warning on costs and inventories just after the bell here, but Derna's manic |
| 0:33.6 | Monday and a bullish call on a sector that has just been hammered this year. |
| 0:37.6 | I'm Sarah Eisen in for Melissa Lee. |
| 0:39.6 | This is Fast Money Live from the Nasdaq Market site. |
| 0:42.1 | On the desks with me tonight, Tim Seymour, Karen Feinerin, Steve Grasso, and Brian Kelly. |
| 0:47.3 | And we will start with a market that is just maybe, maybe starting to come to grips with |
| 0:51.2 | the reality that the Fed is going to keep on raising rates. |
| 0:54.7 | Stocks, after opening solidly in the red, finishing around Session highs. |
| 0:58.7 | It was a very strong final hour of trading. |
| 1:00.9 | The housing sector today, sort of a snapshot of this delicate balancing act, rates keep |
| 1:05.1 | rising. |
| 1:06.1 | 10-year-hitting and 11-year-high, pushing mortgage rates to nearly six and a half percent. |
| 1:11.1 | But the home builders actually went higher today. |
| 1:13.4 | Keybank upgraded the sector, saying that housing is due for a comeback after suffering |
| 1:17.7 | mightily this year, and that history dating back to 1963 is the guide. |
... |
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