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CNBC's "Fast Money"

Could the Fed Make a Big Misstep? And Trouble Under the Surface for Commodity Houses?

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 15 March 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

We’re counting down to the “most important” Fed meeting this month. But with Chair Jerome Powell forced to toe a delicate line between being too aggressive and not aggressive enough, could the central bank make its biggest misstep ever? Plus, commodity prices may be soaring, but that’s not necessarily good news for the companies that trade these assets. We’ve got the charts to show why trouble may be brewing under the surface. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

A lot of in the Nasdaq Market, I had overlooking New York City's Times Square and this is

0:05.5

fast money.

0:06.5

I'm Melissa Lee.

0:07.5

Tonight's Trader lineup.

0:08.5

Guy Domey, Tim Seymour, Brian Kelly, and Karen Farnerman, ahead on fast.

0:11.6

A Beijing bounce, Chinese stocks rebounding a bit after an ugly week of selling, but

0:16.3

two of the biggest names on the mainland are not coming along for the ride.

0:20.1

Why are Biden and Bava getting left behind, plus warning signs flashing in the commodities

0:25.1

market, the off-the-charts move in nickel, aluminum and other metals hitting the balance

0:29.5

sheets of the big commodity houses, how worried should investors be about a blow-up in this

0:34.4

space.

0:35.4

And for meme stock to mining stock, why AMC Entertainment is literally digging for gold,

0:42.1

lights, camera, mining helmet.

0:44.6

We start off at the countdown to what will be the first Fed, likely B, I should say, the

0:49.1

first Fed rate hike in more than three years.

0:50.9

The Central Bank expected to announce an increase to its target rate in just about 21 hours.

0:56.6

The decision comes as Chairman Jerome Powell tries to manage a delicate balancing act on

1:00.8

one side of strong consumer loan employment, unemployment, healthy corporate balance sheets.

1:05.1

But on the other, elevated commodity prices, new snarls in the supply chain, and reemerging

1:10.0

COVID fears.

1:11.0

And we can't forget the other wild card, the war in Ukraine, which could further fuel inflation

1:15.4

in supply chain problems.

...

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