4.3 • 1.2K Ratings
🗓️ 16 September 2020
⏱️ 46 minutes
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| 0:00.0 | I'm Lissile and this is Fast Money, tonight's Trader Line up, Guy Dami, Tim Seymour, |
| 0:05.2 | Sue Grasso and Brian Kelly. |
| 0:06.5 | Tonight on Fast, a blizzard hits Wall Street, snowflake surging in this public debut, |
| 0:11.0 | but was the year's biggest IPO priced all wrong. |
| 0:14.0 | Plus, maxed out Congress slamming Boeing in a new report on the 737 Max, but the stock |
| 0:19.1 | soared. |
| 0:20.1 | Could this be a sign that the bottom is in for Boeing. |
| 0:23.2 | And later, Draft Kings taking the crown today |
| 0:25.2 | thanks to one giant deal. |
| 0:27.0 | We'll bring you all the details. |
| 0:28.4 | We start off with the Fed, staying put. |
| 0:30.5 | Jerome Powell signaling to the market today |
| 0:32.4 | that rates will stay near zero through |
| 0:34.2 | 2023. Stocks getting an initial pop following the Fed announcement, but reverse course |
| 0:39.7 | as the Fed chair took questions from the press. |
| 0:42.4 | Let's bring in the |
| 0:42.8 | and see senior economics reporter Steve Leisman. Steve, what was it do you think |
| 0:47.2 | that spooked the markets? You know it's always hard to know it may be one of those sell the news things I mean there was a bit of history in the statement where the Fed for the first time put in the statement that it is new goal is to seek inflation above 2% that was in the long-term policy strategy, but it had not yet been in the statement. |
| 1:08.4 | This is the first statement following that change. |
| 1:10.8 | But look, it was a bit like there was nothing behind it in the sense that in the |
| 1:16.6 | question that I asked I said well how come your your forecast don't show you |
| 1:21.0 | hitting the goal not even in the four-year horizon here, and the |
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