Be Careful What You Wish For; CPI Data Slams Stocks
Sep 13, 2022•37 min•Ep. 198
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Episode description
On this episode of MKT Call, Guy Adami, Dan Nathan discuss:
- Reaction to this morning’s CPI report
- What the Fed could do next
- Stocks getting slammed, yields surging
- How the dollar and commodities are reading to the hot inflation data
- Bitcoin and other cryptocurrencies sinking
- The Nasdaq falling 4%, plus Nvidia, Microsoft and the ARKK ETF all deep in the red
- Why Dan says Microsoft is the most important chart in the market
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