4.3 • 1.2K Ratings
🗓️ 13 January 2023
⏱️ 22 minutes
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0:00.0 | Right now and fast, ending on a high note, markets closing out the week with another |
0:05.0 | set of gains and Azak leading the way and notching its longest win streak since November |
0:09.2 | 2021. |
0:10.2 | The S&B closing just shy of 4,000 at highest level in a month, but with the heart of |
0:14.5 | herding season just around the corner, can the rally roll on, plus stuff in reverse, |
0:19.1 | legacy automakers taking a hit today after a major announcement from Tesla. |
0:23.0 | Did the EV maker just raise the stakes for the rest of the industry? |
0:26.4 | And we're just about ready to wrap up the reveal of our traders, 2023 acronyms, Banoin |
0:31.5 | and the General Jeff Mills, on deck for us tonight. |
0:35.4 | One is looking at some Zen, while the other is lusting after the live light how they're |
0:39.5 | trading the new year coming up. |
0:41.2 | I'm Melissa Lee, this is Fast Money, we're live with the Nasak Market site in the heart |
0:44.2 | of Times Square. |
0:45.2 | On the deck tonight, Tim Seymour, Banoin Ice and Jeff Mills, and Steve Grasso. |
0:50.3 | And we start off tonight with a message from the big banks, the stocks are racing early |
0:53.7 | losses after their latest reports, Wells Fargo jumping more than 3%, despite shrinking |
0:58.2 | profits and higher provisions for loan losses. |
1:00.4 | JPMorgan, Bank of America City, also ending the day in the green, the gains coming even |
1:05.2 | as bank execs suggest that the strength may not last. |
1:08.1 | JPMorgan saying a mild recession is now its central case and B of A, C, E, O, Brian |
1:13.3 | Moynihan expecting the economic slowdown to start in the early to mid part of this year. |
1:18.0 | So what should we take away from what we heard today? |
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