Closing Bell Overtime 9/19/22
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 19 September 2022
⏱️ 44 minutes
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| 0:00.0 | All right, sir, thanks very much. |
| 0:03.0 | Welcome, everybody for overtime. |
| 0:04.0 | I'm Scott Wabney, you just heard the bells. |
| 0:06.0 | We're just getting started here from Post-9 at the New York Stock Exchange. |
| 0:09.0 | In just a little bit, I'll speak to one investor who says he's found a big opportunity in this |
| 0:13.6 | volatile market you'll find out exactly where we begin though with our talk of |
| 0:18.1 | the tape whether stocks are setting up for a big rally into and out of this week's Fed meeting. |
| 0:24.2 | Was today the start of that? |
| 0:26.0 | Sounds crazy given how negatives everyone seems to be these days. |
| 0:30.0 | Well one well-known CMBC contributor says it couldinct-be the case and the signal could be in the bond market. |
| 0:36.0 | He is Josh Brown. |
| 0:37.6 | He is the co-founder of Ritholt's wealth management and he is on the phone. |
| 0:40.6 | Josh, thank you so much for calling in. It was at about 225 or so where you |
| 0:45.5 | sent me an email that sent the following. Blow off top for short-term yield, Treasury yields, |
| 0:51.6 | the two-year failing at 4%. |
| 0:53.7 | Vicks barely budgeting higher, 10 year calling BS on the two year, |
| 0:57.8 | it's saying, quote unquote, the Fed ain't getting to 425 this year. |
| 1:01.6 | This smells like a rip your face off rally brewing into after the |
| 1:06.6 | FOMC what led you to believe that this was about to happen |
| 1:10.4 | I was just watching the Vicks fail to confirm. Like if we were going to have |
| 1:19.2 | rates continue to shoot straight up that should have been accompanied by a lot more stock market volatility than what we |
| 1:25.6 | were seeing. |
... |
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