meta_pixel
Tapesearch Logo
Log in
CNBC's "Fast Money"

Market starts off 2023 with a bang, rebounds for winning week. Plus, a new Alzheimer’s drug approval. 1/6/23

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 6 January 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Stocks rally Friday after a seemingly ‘goldilocks’ jobs report, with consumer-leveraged stocks among the biggest winners. Plus, an exclusive with the EISAI US CEO - which worked with Biogen on the FDA’s approval of its Alzheimer’s treatment that slowed cognitive decline in a clinical trial.

Transcript

Click on a timestamp to play from that location

0:00.0

It's got thanks very much and right now on fast a red hot finish to the week as investors

0:06.8

today at least feel like inflation's vice grip is loosening and maybe that means the

0:12.3

Fed will stop tightening the rate hike screws plus it's about that time earnings season

0:17.5

kicks off next week should you be banking on a rough ride or is the street just a little

0:23.5

too bearish and later our chart of the week a burger joint that burned investors last

0:28.1

year but is shaking off that poor performance as we start there's your hint I'm Tyler

0:36.1

Madison in for a Melissa Lee there's no confusing the two of us this is fast money

0:40.5

live from New York and the Nasdaq markets that on the desk and I Tim Seymour Bronwyn

0:45.2

isen Bonwyn isen Steve Grasso Jeff Mills and we begin with a robust rally to close out

0:51.0

the first week of the year the doubt up 700 points the S&P jumping over 2% and Nasdaq

0:58.1

closing up more than two and a half percent major indexes ending the week higher seemingly

1:03.4

Goldilocks jobs report today helping fuel the turn around just strong enough just weak

1:08.4

enough weaker wage growth supporting the idea that inflation may be slowing just a

1:13.6

bit and just maybe the Fed can get its soft landing for the economy something everybody

1:19.8

seems to want host of names leverage to the consumer among this week's big winners including

1:25.1

win united airlines Ralph Lauren Disney and Ford to name a few but then just a short

1:31.9

time ago Macy's warned that its fourth quarter sales are expected to come in at the lower

1:36.8

end of the range they previously gave the street the stock dropping after hours Tim what

1:43.0

did you learn this week what do you make a first place welcome and it's a gold last

1:47.2

moment anytime we have on our desk and and the start of the year for a parallel and retail

1:51.8

and discretionary has been extraordinary and if you think about the rallies where some

1:56.0

of these that are so reliant on the consumer on a day when is the job market really weakening

...

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.