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On The Tape

MRKT Call: What The Fed Said

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 4 May 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Dan Nathan, Guy Adami and Liz Young break down the top market headlines and bring you stock market trade ideas for Thursday, May 4th. - What the Fed said - Elon says a mild recession is already here - Liz Young looks at the Fed’s May Statement - $CG Tumbles - $QCOM slides + $AAPL earnings preview MRKT Call is brought to you by our presenting sponsors CME Group, FactSet & SoFi Watch MRKT Call LIVE at 1pm M-TH on YouTube Sign up for our emails Follow us on Twitter @MRKTCall Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow @CarterBWorth on Twitter Follow us on Instagram @RiskReversalMedia Like us on Facebook @RiskReversal Watch all of our videos on YouTube

Transcript

Click on a timestamp to play from that location

0:00.0

It's noon where I am, the only time zone that matters.

0:16.4

That's Omaha, Nebraska.

0:17.6

I guess that makes it like central time or something, which would make sense. Because if you look at a map, Dan, Nebraska is smack dab in Nebraska. I guess that makes it like central time or something, which would make sense,

0:21.1

because if you look at a map, Dan, Nebraska is smack dab in the middle of the country.

0:26.3

I'm Guy Adami. That's Dan Nathan. In just literally minutes, E.Y from SoFi will be joining us.

0:33.4

Of course, today is Thursday, which means it's Butters. It's May 4th, E.T. Day, free loads.

0:39.1

It's celebrate and joy.

0:40.7

Bester Drew Barrymore.

0:41.9

Today's market call brought to you by FACSET, Financial Data and Analytics, powered by tomorrow.

0:47.8

They're also our data provider.

0:49.1

And, of course, SOFI, Dan, get your money right, all in one app.

0:54.9

I flew into Omaha last night via Chicago, Illinois, and here I am.

1:01.7

Did you make your 5 o'clock dinner with Mr. Munger and Mr. Buffett?

1:06.3

Yeah, they had it later for me.

1:08.1

I'm glad you mentioned that.

1:09.4

Typically, obviously, they started like 415.

1:11.8

They pushed it back to accommodate me.

1:13.6

By the way, speaking of pushing things back, Dan, nice job by you.

1:17.1

We will be pushing back the on-the-tape podcast tomorrow.

1:20.7

You typically get it first thing in the morning.

1:23.0

We're actually going to do it tomorrow morning because we're anticipating some things out of Apple

1:28.3

and it wouldn't be right to sort of do the podcast and then have Apple say something that we're

...

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