4.6 • 757 Ratings
🗓️ 13 December 2022
⏱️ 26 minutes
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0:00.0 | Tuesday, December 13th, Guy Adami, Dan Nathan Market Call 1 p.m. |
0:17.4 | We're 5,000 a little early today, folks. |
0:20.4 | Just so you know, probably about 125-ish, |
0:23.2 | as Dan's got some important biz, as does G-Swizz. But this is Market Call. Today, |
0:28.5 | sponsored by CME Group, Dan, where risk, in fact, meets opportunity. And our partners at |
0:34.4 | facts at both our sponsor and our data provider, they continue to get it done for us. |
0:39.7 | Dan, Nathan, I will tell you every once in a while you have these days, we've got to bookmark. |
0:43.3 | You've got to get one of those trim tab things and put it on the page. |
0:46.8 | Well, today appears to be that type of day. |
0:49.8 | I mean, listen, you and I, you know, we were speaking earlier this morning. |
0:52.8 | The data comes out. |
0:53.7 | I don't think it's a big |
0:54.5 | surprise. We have this Fed meeting tomorrow. We know that the CME Fed Funds futures are pricing a near |
1:00.0 | certainty of a 50 basis point increase. We know that the last four meetings, we've seen 75 basis point |
1:06.5 | increases, has been the largest pace in which the Fed has raised interest rates in a very long time. |
1:12.2 | And here's the thing. |
1:13.1 | The fact that we have the CPI data this morning guy, and it's a little softer, and that the S&P futures are literally bid up 3% like that. |
1:21.9 | You see bond yields going the other way. |
1:23.6 | I think we have a day chart here, the S&P, which just really shows, you know, the hair |
1:29.1 | trigger action. You like to use that term every once in a while. I mean, investors want to, you know, |
1:34.4 | shoot first, ask questions later. I mean, that's just a one day open at the highs. You know, |
1:39.5 | here we are making new lows about to go red on the day. I mean, what does that sort of behavior, investor behavior, |
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