Powell’s Inflation Alarm and Inside the Disney Discord. 03/21/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 21 March 2022
⏱️ 44 minutes
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| 0:00.0 | The life in the Nasdaq Market site overlooking New York City's Times Square, this is Fast |
| 0:05.1 | Money. |
| 0:06.1 | I'm Melissa Lee. |
| 0:07.1 | Tonight's Trader lineup, Tim Seymour, Guy Dami, Dan Nathan, and Brian Kelly, head on |
| 0:10.6 | fast. |
| 0:11.6 | Nike just does it, shares jumping after the company's latest earnings report were dialed |
| 0:15.0 | into the call. |
| 0:16.0 | We'll bring you all the details. |
| 0:17.0 | Plus, the C-suite at Disney, not exactly the happiest place on earth. |
| 0:20.8 | There's a rift in the relationship between former CEO Bob Eiger and the man who replaced |
| 0:25.2 | in Bob Chapeck. |
| 0:26.6 | And beyond the frosty relationship, the mues by the new boss have been getting a cold |
| 0:30.1 | shoulder on Wall Street, inside Disney's rocky ride straight ahead. |
| 0:34.4 | And later, another head bane day for the medals and the minors, the XME, the ETF, the |
| 0:38.8 | Tracks, the sector, up for the fifth straight day, hitting its highest level in over a decade. |
| 0:43.9 | Tim and BK ready to rock out on that heavy metal trade. |
| 0:47.1 | But we start off with Jerome Powell, sounding the alarm on inflation. |
| 0:50.7 | The Fed chair admitting the central bank has widely underestimated the rise in prices |
| 0:55.6 | and suggests even more aggressive rate hikes than he just laid out last week. |
| 0:59.9 | His comments said markets on a rollercoaster ride this afternoon, the S&P sank nearly |
| 1:03.4 | a percent immediately after Powell spoke. |
| 1:06.0 | And despite a late day, come back into the day with its first loss in five sessions. |
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