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CNBC's "Fast Money"

Fast Money 08/21/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 21 August 2018

⏱️ 60 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

Hey there David.

0:02.0

I mean, what do you think?

0:03.0

We saw a little bit of a selloff towards the close here.

0:04.8

Don't you think that's part of what was happening today?

0:06.9

There was uncertainty about what was going to happen with both of these situations

0:10.0

and why would you go long into them?

0:12.5

So the headlines in the earlier afternoon

0:14.6

didn't seem to shake the market, though you're right into the close.

0:17.9

Art Cashin came by, as he always does to the set.

0:20.9

To talk about the imbalance and the sentiment around the close 2 billion to sell was a

0:24.4

heavy amount he did cite some nervousness and uncertainty into some of these headlines but

0:29.9

Mike Santoli brought up a point which is some of the economic agenda that this

0:35.2

market has liked lower corporate taxes deregulation has already been put in place

0:40.5

so the question remains what ultimately does it mean for the

0:44.2

markets and for the economy when you have some uncertainty around the

0:47.4

presidency. Yeah. All right. Thank you guys. Thank you David. Thank you Sarah.

0:51.0

Now let's get to Sue Herrera.

0:53.0

She's got the latest on all the developments out of the Michael Cohen hearing and the Paul Maniford trial.

0:57.0

Sue. Indeed, Michelle, thank you very much.

0:59.0

Basically, here's the low down on what has happened this afternoon.

1:02.0

Michael Cohen, President Trump's former lawyer pleading guilty to eight criminal counts

1:07.8

in Manhattan federal court earlier today, including two violations of campaign finance laws.

...

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