4.3 • 1.2K Ratings
🗓️ 30 June 2020
⏱️ 46 minutes
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| 0:00.0 | Fast Money starts right now. I'm Melissa Lee tonight's trader |
| 0:03.6 | up Guy Dami, Tim Seymour, Dan Nathan and Steve Grosso coming up on |
| 0:06.9 | Fast break out your rally caps. JP Morgans, Marco Kalanovich says stocks |
| 0:11.0 | are headed back to all-time highs. |
| 0:13.2 | By the end of this year, the three reasons why he is feeling so bullish. |
| 0:17.1 | Also ahead, FedEx delivers the stock searching the after hours and strong results. |
| 0:21.3 | The company's call is just kicking off or listening in |
| 0:23.6 | we'll bring you all the big headlines and later Dan is taking the mound to |
| 0:27.4 | pitch his next best idea why he says this stuff is ready to fly. That's a hint. We've got the name straight ahead. But we start off |
| 0:35.0 | with a big rally on Wall Street stock surging to end the quarter and boy what a |
| 0:38.7 | quarter it's been. In fact, the SFP 500 posting its best quarterly performance |
| 0:42.4 | since Q4 1998. |
| 0:45.0 | So let us fire up the old Fast Money Time Machine for a trip back in time. |
| 0:48.8 | In Q4 of 1998, the S&P 500 gained more than 20%. |
| 0:52.1 | Today, the index finished the quarter of a 19.95% to be exact. |
| 0:57.0 | In December of 1998, the unemployment rate stood at 4.4% today. |
| 1:01.0 | We are at 13.3%. And back in the day US GDP growth with 6.6% currently GDP has |
| 1:07.8 | contracted 5%. Oh and why are we playing this song? |
| 1:17.0 | We might have a few Britney Spears fans on this panel, but the real reason is Oh yeah. |
| 1:18.0 | Maybe Baby was one more time was one of the top songs of the Billboard list back in 1998 and everyone was rushing to the box office |
| 1:24.9 | to score tickets to see the big Lebowski one of the biggest movies back then in |
| 1:29.8 | 98 but we all know what happened next the party ended with a dot-com bubble burst and by the way the |
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