meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Digesting the Drop in Rates, and the Latest Headache for Starbucks 5/6/24

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 6 May 2024

⏱️ 41 minutes

🧾️ Download transcript

Summary

10-year yields are down about 25 basis points from their recent highs, but are they falling for the right reasons? And what does the move mean for the markets? Plus, former Starbucks CEO Howard Schultz weighing in on the company’s latest earnings report and the leadership of the man he chose to replace him. How will his comments impact the company now? Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0

Live from the Nasak Market site in the heart of New York City's Times Square.

0:04.7

This is fast money.

0:05.8

Here's what's on tap tonight.

0:07.3

Days and confused, investors trying to make sense of what's next to rates,

0:10.9

where earnings are going in the true health of the economy with a

0:13.6

quiet week on tap for data where will this market turn for direction?

0:16.7

We'll debate that. Plus bashing the new boss former Starbucks CEO Howard Schultz

0:20.9

calling for an overhaul to the coffee chain he ran not once, not twice,

0:25.6

but three times what he thinks his hand-pick successor needs to do to get Starbucks back on track.

0:31.6

And later, the Chartmaster will be here to tell us why it

0:33.8

could be time to play oil for a bounce Tyson investors crying foul after

0:38.0

earnings this morning and a record-breaking weekend at the track of Betting

0:41.2

Bonanza on the Kentucky Derby.

0:43.4

I'm alyssa Lee coming to you live from Studio B at the Nasak on the desk tonight.

0:46.5

Fano and Ice and Steve Brose up here in New York.

0:48.9

Dan Nathan and Guy Dami live in the Milken Conference in Los Angeles.

0:53.1

We start off with the interest rate tug of war.

0:55.1

Ten year yields down again today.

0:56.9

They've now dropped 25 basis points from recent highs hit just two weeks ago.

1:00.8

They're now at their lowest levels in almost a month. The move coming amid

1:04.0

renewed hope of Fed rate cuts this year. Chances of at least one cut have risen

1:08.6

over the past week after the Fed meeting in Friday's softer than expected jobs report markets now pricing

...

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.