Blackstone: The Canary in the Coal Mine? Plus What’s Next for Meta 12/6/22 - podcast episode cover

Blackstone: The Canary in the Coal Mine? Plus What’s Next for Meta 12/6/22

Dec 06, 202244 min
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Episode description

Shares of Blackstone hit their lowest level since April 2021 as the asset manager faces mounting redemptions and is pushed to sell off assets. But is the company’s problems a sign for broader concerns over the economy. Plus shares of Meta sinking nearly 7% today, but could they be poised for a turnaround? We’ll bring you the trade on this social stock.
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Blackstone: The Canary in the Coal Mine? Plus What’s Next for Meta 12/6/22 | CNBC's "Fast Money" podcast - Listen or read transcript on Metacast