Tariff Headlines Weigh On Markets… And A Private Credit Port In The Storm? 4/8/25

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 8 April 2025

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks giving up an early bounce, notching another brutal sell-off as tariff headlines weigh on Wall Street. The opinions and responses out of DC and Fed officials, and if the carnage will continue. Plus A potential port in the storm in private credit. Where our next guest sees opportunities and how he’s gearing up to deploy a whole lot of cash. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money.
0:08.6	Here's what's on tap tonight. The relief rally fails.
0:11.6	Stocks ripping at the open as the administration boasts of talks with over 70 countries on potential trade deals, but
0:18.0	hawkish comments from the Chicago Fed President, more tough talk on China,
0:22.3	a weak auction in the bond market, seemingly crush the market's mojo. Is this the new normal
0:27.4	investors need to get used to? For now, we will debate. Plus, earnings season about to start.
0:32.1	Tomorrow we get Delta, Friday, big banks start to report earnings. Will this be a headwind or a
0:36.3	tailwind for the markets?
0:42.0	Stick around to find out. And then later, inside the energy trade. After a promising start to the year, the sector has slumped big time. So even with a friendly push from the White House, is the
0:46.7	oil patch still a no touch? We're going to take a look at the charts on that one. I'm Sarah Eisen, in for Melissa Lee tonight, coming to you live from the NASDAQ Studio B on
0:55.7	the desk tonight. Tim Seymour, Dan Nathan, Carter Worth, and Julie Beale. We're going to start with
1:00.6	another stomach-churning day for the market. The S&P jumping more than 4% in early trading,
1:05.1	but steadily giving back those gains, falling 3% of its lows, closing solidly in the red.
1:12.9	The index is now down 12% since President Trump announced the tariffs just last Wednesday, the worst four-day loss
1:17.7	since the depths of the financial crisis. The NASDAQ, meanwhile, erasing a more than 4.5%
1:22.8	gain to close over 2% lower, and then the Dow up over 1,400 points at its highs ended the day down more than 300.
1:30.5	Take a look at Apple, down for a fourth straight day, losing more than 20% and more than $770 billion in market cap during that time.
1:37.9	The broad market reversal coming as we are just hours away from the onset of country-specific tariffs, including the potential of an additional 50% tariff on China
1:48.0	going all the way up to 104%.
1:49.9	Chicago Fed President Austin Goolsby saying
1:51.9	the tariffs announced by President Trump last week
1:53.8	were much higher than what the central bank was factoring into its forecasts.
	...

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