4.3 • 1.2K Ratings
🗓️ 19 November 2020
⏱️ 47 minutes
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0:00.0 | I'm Melissa Lee and this is Fast Money. |
0:03.7 | Tonight's Trader lineup, Guy Dami, Tim Seymour, Dan Nathan, and Bono and Ice |
0:06.8 | and tonight on Fast we are trading the treatments. |
0:09.2 | More promising news on the vaccine front, but one biotech analyst says |
0:12.3 | don't expect it to be a shot in the |
0:14.0 | arm for your portfolio he'll tell us why. Plus a spectacular tweet what |
0:18.8 | Elon Musk did today that threw some serious shade at the competition and we're tracking the after-hours |
0:23.8 | action shares of Williams-Sunoma and Workday both stocks on the move following results |
0:27.8 | will bring you the fast money trade straight ahead. |
0:30.8 | We start off with a zombie apocalypse on Wall Street. Hundreds of big name |
0:35.8 | companies once American icons are now among the walking dead. Names like |
0:40.4 | Boeing, Carnival, Delta, Exxon, Macy's. |
0:44.0 | They aren't making enough money to pay the interest on the mountains of debt they feasted on during the pandemic. |
0:49.0 | Nearly 200 companies have joined the zombie ranks since March and their numbers are growing. |
0:54.3 | Total debt obligations now nearly 1.4 trillion dollars. |
0:58.6 | So is there any hope for the walking dead here, Guy? |
1:01.9 | I mean, what's interesting is that a lot of these names, |
1:04.6 | they are names that we talk about trading on this show. |
1:07.3 | So how should we start thinking about this? |
1:11.2 | Yeah, well, before we get into the Walking Dead, I just want to point out that's a great job by our crack staff leading with of course the cranberries |
1:17.9 | zombie, which is a bit of an obvious choice in the great Delorso Reardon who we lost too soon. |
1:23.4 | She was obviously the founder of the band. |
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