46 min listen
The 5% Yield Effect, Powell's Fed for Thought, Obesity Drugs: Shots for Kids? 10/20/23
The 5% Yield Effect, Powell's Fed for Thought, Obesity Drugs: Shots for Kids? 10/20/23
ratings:
Length:
43 minutes
Released:
Oct 20, 2023
Format:
Podcast episode
Description
Carl Quintanilla, David Faber and Sara Eisen explored what's ahead for the markets one day afterthe 10-year note yield hit 5% for the first time since 2007 -- and Fed Chair Powell addressed the Economic Club of New York about rates and fighting inflation. Earnings also in the spotlight, including results from American Express -- while shares of Netflix extended their rally and Tesla continued to slumpfollowing the release of their results late Wednesday. Also in focus: Novo Nordisk and Eli Lilly reportedly testing their weight loss drug shots for younger patients, PresidentBiden's $100 billion message to Congress, an update from Tel Aviv on the Israel-Hamas war. Squawk on the Street Disclaimer
Released:
Oct 20, 2023
Format:
Podcast episode
Titles in the series (100)
Dow Heavyweights Miss, Softbank's Massive WeWork Bailout & ServiceNow's Incoming CEO Exclusive: Here's the description: Carl Quintanilla, David Faber & Jim Cramer discuss Boeing & Caterpillar results, big misses for 2 big Dow heavyweights. The latest on Softbank's bailout of WeWork, sources say the company was on the verge of running out of money next week. And executive shake-ups at Nike and ServiceNow: an exclusive interview with incoming ServiceNow CEO & former SAP chief Bill McDermott. by Squawk on the Street