Dow Closes at Record Even as Protests Rock DC

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 8 January 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Full team coverage of breaking news out of Washington, where protestors breached the Capitol Building as Congress was set to confirm the November election results. We’re joined by former Homeland Security Secretary Michael Chertoff, Tony Fratto, the former Deputy Press Secretary for George W. Bush, and more.

Transcript

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0:00.0	I'm Melissa Lee and this is Fast Money.
0:03.6	Tonight's trader line up.
0:04.4	Guy Dahme, Steve Grasso, Brian Kelly, and Kate Fatt,
0:06.8	CEO of Grace Capital.
0:08.1	Tonight on Fast.
0:09.2	Bitcoin goes bananas, the cryptocurrency blowing through more all-time highs.
0:13.0	Is this record run just getting started or a bubble that's about to burst?
0:16.5	Plus, X marks the spot.
0:18.2	US Steel hit with a double upgrade today should you roll into this hot trade and later they say a picture is
0:23.9	worth a thousand words but what about a logo will tell you about GM's big tune-up
0:28.3	as it tries to plug into the future but we start off with the developing story out of Washington and a big
0:33.8	warning for investors who think more government spending is a total slam dunk.
0:37.8	Kayla Tashi kicks us off tonight Kayla.
0:39.8	Well Melissa just this afternoon president-elect Joe Biden unveiled the final round of his
0:45.8	cabinet picks.
0:46.8	Officials focused on small business, labor, and economic issues, but he also pulled back some of the covers on his forthcoming COVID relief
0:56.2	proposal.
0:57.2	He said he would be unveiling it next week, and it would include unemployment insurance,
1:00.9	rent forbearance, vaccine funding, and possibly $10,000 in student
1:05.8	debt cancellation per person.
1:08.0	The package, he said, would be comprehensive and the price tag would be high.
1:18.0	It is necessary to spend the money now. The answer is yes, it will be in the trillions of dollars in the entire package,
	...

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