Will One Bad Apple Ruin the Market? And How Healthy Is the Consumer, Really? 12/19/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 19 December 2022
⏱️ 49 minutes
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| 0:00.0 | Right now in fast, stunted growth, one of the market's most rock study names is losing |
| 0:05.7 | steam. |
| 0:06.7 | One of our traders said to reveal the name and tell us how low this tech titan could fall. |
| 0:10.4 | Plus Disney's Blue Monday, the less and boppo box office performance of Avatar, just the |
| 0:14.6 | latest bit of bad news to hit the struggling doubt component. |
| 0:17.4 | Is there anything Bob Eiger can do to stop the slide? |
| 0:20.4 | And later, the options action on a biotech stock that jumped 250% today. |
| 0:24.9 | GBTC's next steps at their crypto ETF push fails and Tesla's new Twitter twist. |
| 0:30.3 | I'm Melissa Lee. |
| 0:31.3 | This is Fast Money. |
| 0:32.3 | We're live with the Nasak Market site on the desk tonight, Karen Fighterman, Steve |
| 0:34.8 | Grasso, Julie Beale, and Chris Marones from from Stratigus, a fair to company. |
| 0:39.6 | Excuse me. |
| 0:40.6 | We start off with the big growth trade conundrum. |
| 0:42.6 | All the pieces that should be supporting the sector seem to be falling into place lately. |
| 0:46.7 | First investor rates, interest rates have been dropping sharply. |
| 0:49.4 | The yield on 10-year treasury is down 75 basis points from its October high, traditionally |
| 0:54.4 | lower rates are good for growth stocks. |
| 0:56.5 | Then there's a dollar also down, almost 9% in fact, since September and inflation. |
| 1:01.4 | Signs emerging that pricing pressures are abating, the consumer price index lower five |
| 1:05.4 | months in a row now. |
| 1:07.0 | All of that should give a boost to the growth trade, but not this time. |
... |
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