Energy Trade Runs Out of Gas, and Is Bitcoin “Worthless”?

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 11 October 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The XLE Energy ETF hit its highest level in nearly seven years early in the session, but ended up closing the day down. So is this a sign that the oil trade has run out of steam? Plus JPMorgan CEO Jamie Dimon calling bitcoin “worthless,” but that’s not enough to keep him from offering it to clients. What it means for the crypto boom. 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	Live from the Nasdaq Market
0:02.0	side, overlooking New York City
0:03.0	Times.
0:04.0	This is Fast Money.
0:05.0	I'm Alyssa Lee,
0:06.0	tonight's Trader lineup.
0:07.0	Guy Domey, Tim Seymour,
0:08.0	Karen Feynman, and Bono and
0:09.0	Ison.
0:10.0	Tonight on Fast, the three
0:11.0	words that sent the Bitcoin
0:12.0	Brigade wild today.
0:14.0	With JP Morgan, CEO Jamie
0:15.0	Diamond, said about the crypto
0:16.0	currency that's getting a ton
0:18.0	of heat.
0:19.0	Plus, sky high outrage.
0:20.0	Southwest shares under
0:21.0	pressures that airline
0:22.0	cancels thousands of flights
0:24.0	in a nightmare weekend for
0:25.0	travelers who break down the
	...

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