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CNBC's "Fast Money"

Fast Money 03/23/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 23 March 2020

⏱️ 55 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

No deal. Stocks fall again as the Senate fails to advance a much needed aid package for the American people.

0:14.1

The Dow dropping 582 points, that is another 3% loss.

0:18.8

The sell-off coming despite more unprecedented action from the Fed.

0:22.8

The Central Bank throwing pretty much every single policy action it can at the dire economic

0:28.0

situation, offering up far larger programs anybody had ever thought possible.

0:33.4

Welcome to the C. M.

0:34.3

continuing coverage of the markets and turmoil everybody.

0:37.0

I am Brian Sullivan.

0:38.3

If you are keeping track at home and we're pretty sure you're at home,

0:42.1

here's a sobering stat on the sell-off.

0:44.0

The Dow has fallen nearly 11,000 points,

0:48.0

just as hitting an all-time high in mid-February.

0:52.0

That is a nearly 40% drop the fastest in history. Investors

0:57.1

continue to see their portfolios fall while Washington it falls short

1:01.4

stimulus still on hold and here's a live look at the White House

1:04.9

where we are expecting a briefing on the coronavirus outbreak in about 30 minutes time

1:09.2

of course we're going to bring that to you live when it begins.

1:12.6

So let us begin there in DC.

1:15.0

Because Kayla Toushe has been tracking the stimulus situation all day long

1:18.8

and is with us now on what happened, what didn't happen,

1:22.2

and maybe Kayla, what comes next?

1:25.0

Well, for a second time in two days, Brian, the vote to advance the stimulus package coming

...

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