What To Expect From Jackson Hole… And CME Partners With Fanduel 8/21/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 21 August 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

All eyes on Jackson Hole as investors await Fed Chair Powell’s speech. The signal those comments could give about the central bank’s next rate move, and what it will mean for markets as the S&P 500 pulls back from record highs. Plus A new take on market action. How the CME is partnering with an online gaming company to bring market betting to investors. CME Group CEO Terry Duffy details the new deal and what it could mean for the exchange. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market side, the heart of New York City's Times Square.
0:04.5	This is fast money.
0:05.9	Here's what's on the show tonight.
0:07.5	We are right on the eve of Jackson Hole and hopes for a Fed rate cut at their meeting next month.
0:13.7	Are they quickly fading?
0:15.2	We'll talk about it all, what it means for you, your market, and your money.
0:18.7	And also, what could we expect from Jay Powell's speech tomorrow?
0:22.5	Will he hint to more rate cuts ahead or dash our dreams? Plus, Walmart woes. The retailer's
0:29.5	shares dropping after its first profit miss in more than three years, how tariffs might be the story.
0:36.0	And how one former executive, by the way, sees things playing out.
0:38.8	Plus, healthy gains for the farmer sector.
0:41.8	How a logo change is sending shares of one restaurant company sharply lower.
0:47.9	Can you guess who that is?
0:49.6	And CME CEO Terry Duffy is here on his company's new partnership with Fandul.
0:55.1	They are bringing new prediction markets to their platforms.
0:59.3	I am Brian Sullivan in for Melissa Lee, who is off again tonight.
1:02.4	Coming to you live from Studio B at the NASDAQ and on your desk tonight, Tim Seymour.
1:08.0	Karen Feinman, Dan Nathan, and Guy Adami.
1:11.3	Welcome, Brian.
1:12.2	Thank you very much. We're going to everybody in one minute.
1:14.6	We're going to start with this.
1:16.6	The slow drip lower in stocks.
	...

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