The Strength In The Consumer… And Election Proxy Trades 10/28/24

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 28 October 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Retail, airlines, and more consumer-facing spaces already feeling the holiday spirit. How the gains in these spaces could point to a resilient consumer heading into year end. Plus A little over 1 week to go until Election Day, and some stocks are on the move. Where investors are piling into ahead of the big decision. Fast Money Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Live from the Nesac Market site in the heart of New York City's Times Square, this is fast money.
0:05.5	Here's what's on tap tonight. Consumer comeback from retail stocks to airlines.
0:09.5	We are seeing strength today across consumer facingfacing sectors is this a sign that
0:13.8	spending will stay strong through year end and banking on gains financials
0:17.8	getting a bump today as interest rates hit more than three month highs is
0:21.3	there more room to run for these names
0:22.8	plus a Ford flop after the legacy automakers disappointing guidance
0:26.7	Taiwan semi slides as his chips are found somewhere they shouldn't be and
0:30.7	back on the menu McDonald's brings back the quarter pounder
0:34.5	as it gets ready to release results tomorrow. I'm Melissa Lee coming to you
0:37.9	live from studio be at the Nasak on the desk tonight. Tim Seymour Dan
0:40.6	Nathan, Guy Dami, and Julie Beal.
0:42.8	And we start off with the holiday that seems to come earlier
0:45.4	with every year.
0:47.1	That is right, we are counting down to Christmas.
0:50.8	Forget about Halloween.
0:52.2	We're looking forward.
0:53.2	57 days left in the holiday shopping season,
0:56.6	and a wide range of consumer-facing socks
0:58.7	are already feeling the Christmas cheer.
1:00.5	The XRT retail ETF gaining more than a percent today.
1:03.4	Bell weather names across the group like Walmart, Dollar Gen, Lulu Lemon, Home Depot,
	...

Please login to see the full transcript.

Previous episode | Next episode

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.