4.6 • 757 Ratings
🗓️ 29 August 2023
⏱️ 31 minutes
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0:00.0 | The 29th of August happens to be on a two-as-day this year. |
0:17.1 | One o'clock on the East Coast. |
0:19.0 | I guess it makes it like 10 or something on the Pacific. |
0:22.5 | But hey, Guy Adami, Dan, Nathan, market call. |
0:25.4 | Today's market call, Dan, brought to you by CME Group, where risk meets opportunity. |
0:31.8 | I love that. |
0:32.4 | Dramatic pause. |
0:33.5 | And, of course, our data provider always is fact set financial data and analytics powered by |
0:38.4 | tomorrow. Today, we will be joined by the great Carter Braxton Worth. So without further adieu, Dan, |
0:44.0 | how are you? I'm doing okay. Guy, today is one of those days in the stock market where I just |
0:48.4 | kind of want to rip my hair out a little bit. It's not that I'm so bearish. It's just that |
0:52.8 | the NASDAQ screaming 2% for no reason. |
0:57.0 | Well, well, yes, I hear you. And I'll give you the reasons Carter will amplify and I don't |
1:02.7 | mean to cut you off. But the reasons are going to be short-lived because the reasons were this |
1:07.3 | softer data that came in. We're going to talk about yields. |
1:11.0 | I think people are looking at bad news as good news because they think it takes the |
1:15.4 | Federal Reserve out of the equation. |
1:16.7 | Of course, the problem is the Federal Reserve has been in the equation. |
1:19.9 | So whether they're out at this point, I don't think even matters, but back to you. |
1:23.6 | No, that's it. |
1:24.4 | And it's all about yields. |
1:25.5 | If you look at yesterday, we were talking about the two years solidly above 5%. Well, it's solidly below 5% right now. |
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