End of the Bear Market Rally? And the Next Frontier in Weight Loss Drugs 3/7/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 7 March 2023
⏱️ 44 minutes
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| 0:00.0 | Right now in fast rates are heading higher and probably faster, too. |
| 0:05.0 | Chair Powell telling the Senate the Fed may have to hike more than they plan and possibly |
| 0:09.0 | more quickly, too. |
| 0:10.6 | The historic reaction in the bond market and the sell off the triggered in stocks, plus |
| 0:14.4 | a shot in the arm for obesity drugs, WWE formerly known as Weight Watchers. |
| 0:18.8 | Inking a deal to allow them to prescribe weight loss drugs like ozempic and mojaro. |
| 0:23.3 | Some say this is a watershed moment. |
| 0:25.3 | Another sphere we are jumping on the fat loss wet bandwagon, too fast, we'll dig in. |
| 0:30.6 | And later, would you rather with two fang stocks, one Bitcoin name to find the crypto slump |
| 0:34.8 | and the airlines flying high in today's down market? |
| 0:37.9 | I'm Melissa Lee, this is Fast Money Relive at the Nasdaq Market. |
| 0:40.4 | So you've got a full house here tonight. |
| 0:43.0 | Steve Brasso, Karen Feiderman, Bono and Ison and Guy Adami all here on set. |
| 0:47.6 | We start off with a major reckoning for the market stock, stumbling after drone pal |
| 0:51.0 | sent a testimony this morning. |
| 0:52.6 | The Fed share warning that rates may go higher than previously expected, as a fight against |
| 0:56.6 | inflation is not over. |
| 0:58.2 | The Dow dropping nearly 600 points, snapping a 4-day win streak and falling back into negative |
| 1:03.6 | territory for the year. |
| 1:05.4 | The S&P and Nasdaq following suit. |
| 1:07.4 | But the real move came in the rates market, the yield on the two-year treasury topping |
| 1:11.3 | 5% for the first time since July 2007. |
... |
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