4.3 • 1.2K Ratings
🗓️ 16 December 2020
⏱️ 44 minutes
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0:00.0 | I'm Melissa Lee and this is Fast Money. Tonight's trader line up, |
0:04.8 | Guyadami, Tim Seymour, Dan Nathan, and Brian Kelly. Tonight on Fast, |
0:08.4 | the biggest bull on Wall Street. JP Morgan's Marco Kalonovich joins us exclusively. The three reasons why he sees another |
0:15.1 | 20% upside for the market next year. Plus, Bitcoin soaring above $20,000 for the first time |
0:21.3 | ever. And we have the one chart that shows this breakout is just getting started. |
0:25.0 | And we are standing by our results from Lenar, |
0:28.0 | four of the goals from Lenar. |
0:29.0 | The Home Builder Expect report earnings any moment. |
0:31.0 | We're bringing the numbers as soon as they cross. |
0:33.7 | But first we start with the Fed committing to remain all in. |
0:37.1 | J Powell and Company wrapping up their final meeting of the year. |
0:39.8 | The Central Bank signaling rates will remain near zero for a very, very, very, third very long time. |
0:48.4 | But they did up their economic outlook slightly for next year. |
0:51.2 | So Brian Kelly, all in. What do you do with this |
0:54.2 | information? Yeah that's that's the question right so I mean we've known they've |
0:59.7 | been all in for a long time and so that's probably why we didn't really get that much of a |
1:03.7 | market reaction from today's news. The next step for the Fed that we have to |
1:09.6 | worry about it and we have to think forward about this is what's going to happen if the |
1:13.6 | economy does pick up so if we get this consumption boom the vaccine works everybody |
1:18.8 | gets inoculated and then we get a consumption boom everybody wants to go out to dinner again and fly and travel and all of these things. |
1:26.8 | Does that increase inflation? |
1:28.2 | And then what does the Fed do? |
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