Big Short Investor Steve Eisman on the Market Rally, and What’s Next for Disney 7/13/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 13 July 2023
⏱️ 45 minutes
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| 0:00.0 | Right now in fast rate shock last week the two year topped five percent of |
| 0:04.9 | ties level more than 15 years and today it's more than 60 basis points lower. |
| 0:09.5 | Should investors cheer or fear this rate whips our last device and a big |
| 0:13.6 | short fame to give us his take. Plus, Iger Unleashed, Disney's CEO Bob Iger |
| 0:18.3 | telling our own David favorite everything is on the table to right size and |
| 0:21.8 | reorganize the company is streaming as completely disrupting the |
| 0:25.4 | entertainment business. We'll break down Disney's next move straight ahead and |
| 0:28.3 | later a pop or Pepsi but are shared being artificially sweetened. Ripple is |
| 0:32.8 | explosive move higher the reasons why and progressive just loss of bundle |
| 0:37.0 | today. Sorry flow. I'm Melissa Lee this is Fast Money Relife from the Nasak |
| 0:40.9 | markets I had on the desk tonight Karen Feinam and Guy Downey Tim Seymour and |
| 0:44.1 | Lori Calvacina RBC capital markets head of U.S. equity strategy welcome |
| 0:48.7 | Lori. We start off with another strong day for stocks as investors cheer yet one |
| 0:53.2 | more cooler than expected inflation report producer prices growing at their |
| 0:56.8 | slowest pace in nearly three years the major indices all up for the fourth |
| 1:00.3 | day in a row meantime the greenback going red in a big way the dollar dipping |
| 1:04.5 | to its lowest level since last April rates also taking a massive leg |
| 1:09.2 | lowers we mentioned the 10 year yield sliding to its lowest level of the |
| 1:13.0 | month two year which was just at 5.15 last week now trading with just over |
| 1:18.0 | 4.6% so what are the moves and rates and effects telling us about the |
| 1:22.2 | markets we have right now Guy. Well it's the bond markets is confused as I am |
| 1:25.8 | clearly and I don't think the bond market knows where it should be going in |
... |
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