Closing Bell Overtime: Ark’s Cathie Wood On Tesla, Growth Stocks; Wes Edens On Connecting Orlando To Miami And The Bank Crisis 4/20/23
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 20 April 2023
⏱️ 52 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Well off the lows into the close that's the scorecard on Wall Street but |
| 0:04.6 | winter stay late welcome the closing bell overtime I'm John Fort with |
| 0:07.6 | Morgan Brennan and coming up this hour Kathy Wood on the record the |
| 0:12.1 | ark and best CEO is going to join us exclusively with her reaction to Tesla results and the latest thinking on her other major holdings. |
| 0:19.5 | Plus we'll talk to a billionaire investor West Edons about infrastructure, the credit market, and |
| 0:25.1 | his prediction for natural gas prices. |
| 0:27.2 | Now let's get straight to our market panel. |
| 0:28.9 | Joining us now, Adam Chrysophoulli from Vital Knowledge and Brent Schutie from Northwestern Mutual Wealth Management. |
| 0:35.4 | Guys, welcome Adam. |
| 0:37.9 | My takeaway from the market action from earnings thus far is things aren't that bad but they aren't good either. |
| 0:45.9 | So you think the market's prepared for another rate hike even after May if the banks don't |
| 0:52.4 | slow down the economy enough? |
| 0:55.2 | No, it's a great point. |
| 0:56.8 | I mean, you really have a lot of mixed news that investors are being forced to |
| 0:59.8 | digest in this market just in the last several days. |
| 1:02.1 | Even today, a know, a stock like AT&T gets |
| 1:05.5 | crushed on earnings, a home building, which is the most rate sensitive part of the market, |
| 1:09.1 | surges on a very strong report. So I definitely think the economy is performing much better than |
| 1:13.6 | people thought just a couple of weeks ago and that brings into question the |
| 1:19.0 | upcoming half of monetary policy so it looks very certain that the federal move forward with |
| 1:23.5 | 25 basis points on the third you saw two more officials today |
| 1:26.8 | Mester and and Williams both hinted at the market's fully pricing that in and |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

