EPISODE · Aug 11, 2022 · 43 MIN
Stocks Stage Major Reversal, and Breaking Down the Consumer’s Strength 8/11/22
from CNBC's "Fast Money" · host CNBC
The S&P entirely erased a 1.1% gain and the Nasdaq dropped nearly 0.6%, even after a second report showed signs inflation may be abating. So does the reversal signal something scary for the market? The traders dive in. And with retail earnings on deck for next week, we break down how the consumer can hold up in this backdrop. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
The S&P entirely erased a 1.1% gain and the Nasdaq dropped nearly 0.6%, even after a second report showed signs inflation may be abating. So does the reversal signal something scary for the market? The traders dive in. And with retail earnings on deck for next week, we break down how the consumer can hold up in this backdrop.
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Stocks Stage Major Reversal, and Breaking Down the Consumer’s Strength 8/11/22
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