Closing Bell Overtime: BofA’s Savita Subramanian On Volatility, Best Ideas; Goldman’s Chief US Economist On The Fed 8/22/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 22 August 2024
⏱️ 42 minutes
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| 0:00.0 | That's the end of regulation. |
| 0:04.0 | Old Navy ringing the closing bell at the New York Stock Exchange, Toyo Company doing the honors at the NASDAQ. |
| 0:10.0 | The rally hitting pause and taking a half step back as attention turns to Wyoming and Fetchum. The |
| 0:14.0 | Paws and taking a half step back as attention turns to Wyoming and Fed Chair Powell's Jackson Hole speech tomorrow morning. |
| 0:17.5 | The NASDAQ leading the declines down more than 1.7% on the day. |
| 0:22.2 | That's the scorecard on Wall Street, but the actions just getting started. |
| 0:25.6 | Welcome to Closing Bell overtime. |
| 0:27.2 | I'm Mike Santoli. |
| 0:28.2 | Morgan Brennan and John Ford are off today. |
| 0:31.2 | A big hour of earnings is coming your way with results from Bill Holdings |
| 0:34.9 | in Tuit, Ross Stores, Work Day, and Kava, which is up 140% so far this year. |
| 0:41.5 | Plus, B of A Savannah, Supermanian gives her take on the market's rapid comeback from the early August |
| 0:47.0 | lows and how to trade it. |
| 0:49.4 | And the chief U.S. economist from Goldman Sachs joins us with the most important thing he's |
| 0:53.6 | watching from Powell tomorrow morning at Jackson Hall. Let's get right to the |
| 0:57.8 | market action. Joining us now is Paul Hickey, bespoke Investment Group |
| 1:01.0 | co-founder and Deepakahri of Deutsche Bank Wealth Management. |
| 1:05.0 | Welcome to you both. |
| 1:07.0 | Paul, I love to have you frame out the market action in advance of what we're going |
| 1:11.9 | to hear out in Jackson Hall tomorrow. I know you did |
| 1:15.2 | a lot of work trying to quantify what Fed rhetoric looks like and of course the |
| 1:19.9 | market tendencies heading into this type of an event. |
... |
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