4.3 • 1.2K Ratings
🗓️ 25 February 2020
⏱️ 44 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
| 0:00.0 | Yes, we do and welcome too fast money everybody and we are following two major |
| 0:04.8 | breaking stories for you at this 5 p.m. Eastern hour. First, another major |
| 0:09.1 | sell-off hitting Wall Street, the Dow, now down nearly 2,000 points over the past two sessions. And next, a |
| 0:15.9 | bombshell from Disney. Long time CEO Bob Eiger is out. |
| 0:20.3 | Eiger and his replacement, a gentleman named Bob Chapeck, will join |
| 0:24.0 | see and be first on see and be seen interview in just a matter of minutes live. |
| 0:29.0 | That is a big interview and we have a big show coming your way tonight. |
| 0:32.0 | Your traders on the desk tonight are Tim Seymour, Dan Nathan, and Guyadami. |
| 0:36.5 | And we're also joined all hour by Gina Sanchez, CEO of Chandico Global. |
| 0:41.0 | Welcome. Good to see you. All right, let's get right now to it. |
| 0:44.1 | And we start with a sell-off, another rapid reversal in the markets today. |
| 0:48.6 | Earlier this session, stocks were actually higher. |
| 0:51.5 | Hard to believe, but true. The Dow was back up |
| 0:53.8 | above 28, 149 but only for a cup of coffee. Before more headlines began |
| 0:59.5 | crossing and then more selling programs hit and the market turns south. |
| 1:03.7 | The CDC saying the US has done a pretty good job so far with rapid response and coronavirus cases |
| 1:09.5 | are still very low. |
| 1:11.4 | But it also warned that the virus could hit us as well and that |
| 1:15.0 | will likely take down economic growth and earnings projections so guy yes |
| 1:19.8 | two thousand point nearly two thousand point haircut and 48 hours of trading. |
| 1:25.3 | Is there any place to hide any way to protect our viewers and listeners portfolios today? |
| 1:30.0 | Well, I think we've done a decent job of leading people down that path and it comes in the form of bonds, as we've talked about now for months, and the gold market as well. |
... |
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 2025.