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cover of episode Trump’s Admin Taking Shape… And What To Expect Out Of Tomorrow’s CPI Report 11/12/24

Trump’s Admin Taking Shape… And What To Expect Out Of Tomorrow’s CPI Report 11/12/24

2024/11/12
logo of podcast CNBC's "Fast Money"

CNBC's "Fast Money"

Chapters

The appointment of hawkish figures like Marco Rubio and Mike Pompeo in Trump's administration raises concerns about the future of U.S.-China relations. The potential impact on foreign policy and economic ties is discussed, including the role of Elon Musk and the broader implications for global markets.
  • Marco Rubio and Mike Pompeo are seen as aggressive towards China.
  • Elon Musk's business interests in China could moderate some hawkish policies.
  • China's potential response and the long-term implications for U.S. companies are analyzed.

Shownotes Transcript

Stocks taking a breather from its post-election rally as President-elect Donald Trump begins shaping his administration’s leadership team. The names taking key roles, and the impact it could have on foreign relations. Plus All eyes on tomorrow’s CPI data, as investors await the next read on inflation. What it could mean for stocks as they hover near record highs, and how the numbers could impact the Fed’s last rate decision this year.

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