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CNBC's "Fast Money"

Fast Money 05/13/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 13 May 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

Fast money starts right now. I'm Melissa Lee tonight's trainer

0:04.4

up Gaiadami, Tim Seymour, Dan Nathan, and technology permitting.

0:08.6

Karen Feinerman will join us shortly. Coming up on Fast, the Danger Zone.

0:14.0

The Chart Master is with us and he brought five charts of points and more trouble ahead

0:18.0

plus shares of Cisco.

0:19.0

Surging after reporting results the company's call is now underway.

0:22.0

We'll tell you what they are saying about the future.

0:24.7

Yeah, they're talking about the future.

0:26.0

And later, President Trump says the time for negative interest rates is now.

0:29.9

So we are breaking out our crystal ball

0:31.6

to see what the market will look like in a world of negative

0:34.6

rates.

0:35.6

We start off with today's big market sell-off.

0:37.8

Stocks tumbling after Fed Chair Jerome Powell said the path forward is highly uncertain and

0:41.8

subject to many downside risks.

0:46.0

A prolonged recession and weak recovery could also discourage business investment and expansion.

0:51.0

Further limiting the resurgence of jobs as well as the growth of the capital

0:54.5

stock and the pace of technological advancement.

0:58.3

The result could be an extended period of low productivity growth and stagnant incomes.

1:04.0

And then there's this. Stanley Druck and Miller telling the Economic Club of New York

1:08.0

that the risk reward for equities maybe as bad as he's ever seen and David Tepper of Apalusa telling Scott Wopner today that this is

1:14.4

quote maybe the second most overvalued market he has ever experienced so did the

...

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