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Elections & Earnings: How Will Markets React?

2024/11/4
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On The Tape

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The discussion focuses on the October job report, its implications for the U.S. economy, and the Federal Reserve's potential rate cuts.
  • October job report showed a significant miss in expectations.
  • The unemployment rate remained steady at 4.1%.
  • The Fed is expected to cut rates by 25 basis points.

Shownotes Transcript

Dan Nathan, Danny Moses, and Liz Young Thomas cover October's job report, the U.S. Federal Reserve's upcoming meeting, single stock earnings, and the election. The team delves into the market's reaction to a weaker job report and the implications for upcoming Fed rate cuts. They analyze company earnings performance and consumer spending trends amidst macroeconomic uncertainty. Key earnings from Amazon, Microsoft, and Palantir are highlighted. The potential impacts of the upcoming election are discussed along with the market reaction to polling and prediction markets. Lastly, they touch on recent regulatory developments affecting energy companies and their deals with big tech for running data centers.

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About the Show:

On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market.

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