Right now in fast one of the men behind the big short issuing a harsh warning for the

market to the economy and the memes. We'll ask them why he thinks we're whistling through

the graveyard right now. Plus is Walmart about to go head to head with Amazon Prime, the

details on the potential new streaming platform for the world's largest retailer and what

it means for an already crowded field of streamers. And later AMC's extreme options action

that's significant to the so-fi soft banks slump and another Berkshire bump for Oxy.

I'm Melissa Lee. This is fast one. He likes the Nasak Market site on the desk tonight.

Dan Nathan, Bono and Ison, Guy Adami and Julie Beale of Kane Anderson Rudnic. And we

start off with the countdown to tomorrow's big CPI report. Economists expecting some

relief as energy and food prices pulled back in July. But with housing costs still elevated,

will it be enough to tamp down inflation fears? Markets take a bit of a breather ahead

of the report today with the Nasak dropping more than a percent, S.F.E. down as well as

fourth straight day of losses. So how should investors prep for tomorrow's print? Guy.

First of all, welcome back sister. I miss it. I mean, when you're not here, it's not

listen. I will say Joe does a great job. Courtney does an outstanding job. Brian is great,

but there's Melissa Lee and there's everybody else. I'm just saying. So welcome back.

Great question. Oh, CPI tomorrow. Listen, I think inflation is still going to be hot.

It's still a problem. I think so much of this rally from June 15th and so recently has

been predicated on the fact that people think this federal reserve is going to pause a pivot.

I don't think that's going to happen. Even if you have a six handle, it's still three

times what they're looking for. And they have to be steadfast and earnest in their belief

that inflation is a problem. They got to tamp it down. Yeah, down. Yeah, all the excitement

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