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CNBC's "Fast Money"

Fast Money 05/29/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 29 May 2020

⏱️ 23 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

Fast money starts right now. I'm Melissa Lee tonight's trader

0:03.4

up Guy Dami Tim Seymour Karen Finerman and Steve Grosso

0:06.4

comment to us live from the floor of the New York Stock Exchange Steve is

0:09.8

following strict NYC rules and is required to wear a mask at all times while on the

0:14.3

trading floor.

0:15.3

Coming up on Fast, a hidden truth lurking inside today's income data while the headline number

0:19.8

may not be telling the full story will break down how you can trade it. Plus Lulu

0:24.0

lemons stretching higher but one of our traders is saying,

0:26.3

Namaste to this name and later a total buzzkill in the cannabis space we

0:30.4

will find out what went wrong last quarter for canopy growth.

0:33.0

But we begin with China, President Trump ramping up the rhetoric today

0:37.0

but stopped short of taking harsh new policy action against Beijing.

0:41.0

Let's get to Kayla Tashi live in Washington with all the details.

0:44.0

Kayla.

0:46.0

Melissa, today's policy announcement by President Trump was essentially just a doubling down

0:50.4

on pre-telegraphed policies that the administration had already announced.

0:54.7

Today from the Rose Garden, President Trump said that the U.S. would be terminating its relationship

0:59.3

with the World Health Organization, that it would be suspending entry into the U.S. for certain students and

1:04.6

researchers that it finds to be affiliated with Chinese military arms, that it would be

1:10.2

starting a study of the Chinese companies accounting practices and exactly what their role within the financial markets is with a potential delisting on the table there and then also studying the economic

1:24.0

status of Hong Kong and possibly eliminating special treatment for that

1:28.5

territory in the wake of Beijing's new national security law and most of that was already laid out by White House or administration officials

...

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