56 min listen
Volatility After the Fed-Fueled Sell-off, the 2-Year Yield Beyond 4%, All Things Meta, and Robinhood Rallies 9/22/22
Volatility After the Fed-Fueled Sell-off, the 2-Year Yield Beyond 4%, All Things Meta, and Robinhood Rallies 9/22/22
ratings:
Length:
43 minutes
Released:
Sep 22, 2022
Format:
Podcast episode
Description
The morning after the Fed's latest 75 basis point rate hike, Carl Quintanilla, Jim Cramer and David Faber discussed stocks struggling to rebound from Wednesday's sell-off -- especially with the 2-year yield surging above 4%. Cramer weighs in on what Fed Chair Jerome Powell's goal to "really crush inflation" could mean for your money. The anchors reacted to what "Bond King" Jeffrey Gundlach told CNBC about the odds of a recession in 2023.
Also in focus: Mixed results for homebuilders, the future for Meta and the Metaverse, Robinhood shares jump
on a report regarding the SEC, JPMorgan Chase CEO Jamie Dimon calls crypto a "decentralized Ponzi scheme", Salesforce Co-CEO Bret Taylor's comments on profitability, Elon Musk vs. Twitter and Taylor's role as company chairman, and food stocks as bright spots.
Also in focus: Mixed results for homebuilders, the future for Meta and the Metaverse, Robinhood shares jump
on a report regarding the SEC, JPMorgan Chase CEO Jamie Dimon calls crypto a "decentralized Ponzi scheme", Salesforce Co-CEO Bret Taylor's comments on profitability, Elon Musk vs. Twitter and Taylor's role as company chairman, and food stocks as bright spots.
Released:
Sep 22, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/07/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds by Squawk on the Street