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Markets See-Saw As Fed Indicates Rates Could Rise More than Expected, and How to Trade the Insurers After Today’s Pullback 6/14/23

Markets See-Saw As Fed Indicates Rates Could Rise More than Expected, and How to Trade the Insurers After Today’s Pullback 6/14/23

FromCNBC's "Fast Money"


Markets See-Saw As Fed Indicates Rates Could Rise More than Expected, and How to Trade the Insurers After Today’s Pullback 6/14/23

FromCNBC's "Fast Money"

ratings:
Length:
44 minutes
Released:
Jun 14, 2023
Format:
Podcast episode

Description

The Dow fell as much as 428 points after the Fed paused in its rate hike cycle, but raised their target rate for the end of the year, signaling more rates than expected may be on the way. Plus shares of UnitedHealth, Humana and other health insurers dropped today after new data showed patients were choosing to undergo elective surgeries again, after a pandemic pause. We dig in on what’s next for these stocks. Fast Money Disclaimer
Released:
Jun 14, 2023
Format:
Podcast episode

Titles in the series (100)

Fast Money airs weeknights at 5p ET on CNBC. Visit http://fastmoney.cnbc.com for additional information.