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CNBC's "Fast Money"

What’s Next for Markets Now That a Fed Pivot Seems Off the Table 9/13/22

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 13 September 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

The Nasdaq dropped over 5% and the Dow posted its worst day in over two years after a hotter-than-expected read on inflation seemed to raise expectations the Fed would continue with its aggressive rate hikes. So what’s next for the markets? And how can you protect yourself Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Right now on fast, the September

0:03.1

selloff, the major average is

0:04.8

tumbling, the Nasdaq dropping

0:06.8

5% the S&D more than 4% and

0:09.0

the Dow falling almost 1300 points.

0:11.0

It is all about inflation stubborn

0:13.1

grip on the economy and new

0:15.0

fears at the Fed will have to pull

0:16.8

out its interest rate for Zuka at

0:19.0

next week's meeting will break

0:20.3

down what's next straight ahead.

0:22.1

Plus, a potential new kink in

0:23.4

the supply chain, a major rail

0:25.0

strike just stays away.

0:26.1

If the White House can't get

0:27.5

management and union workers to

0:28.8

buy the ripple effect a strike

0:30.3

could have on the economy and

0:31.9

later drilling down on the energy

0:33.5

trade, how crypto handled today

0:35.1

sell off the semi slump as the

0:36.9

market closed, a brutal Tuesday

...

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