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- RiskReversal Recap: March 22, 2024
RiskReversal Recap: March 22, 2024
Debt Level Concerns, Consumer Credit, Gold, Bitcoin and Energy
Today’s On The Tape is Presented by CME Group and iConnections
What Are We Doing After Powell Speaks?
Dan Nathan and Guy Adami debrief on key themes they are watching into the end of the week. After the break, Danny Moses is joined by Vincent Daniel and Porter Collins of Seawolf Capital to break down Fed Chair Jerome Powell’s press conference, Federal debt levels, gold/bitcoin, the commercial real estate space & financials, searching for single name value and a look at the consumer credit space.
Topic Timecodes:
Intro (0:00); What Are We Doing? (10:30); Debt Level Concerns (16:45); Gold, Bitcoin & Energy (26:30); Financials (33:30); Single Names (38:30); Consumer Credit (45:15)
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WHAT WE’RE READING
Wall Street Heads into the Final March Trading Week with Momentum on its Side and Dow 40,000 in sight (CNBC)
Apple Held Talks With China’s Baidu Over AI for Its Devices (WSJ)
Apple Shares Wobble as Antitrust Suit Takes Aim at Growth Pillar (Bloomberg)
Reddit’s Debut Delivers for New and Old Shareholders Alike (Bloomberg)
Lululemon Shares Plunge 10% on Weak Guidance, Slowing North America Growth (CNBC)