Has the New Year Rally Run Out of Steam? | Dan Nathan and Guy Adami on CNBC's Fast Money
RiskReversal Media
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January 19, 2023
RiskReversal Media
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Video Description
A major loss of momentum on Wall Street as stocks close near session lows, with the Nasdaq snapping a 7-day win streak. Dan says market participants are conditioned to the Fed pivoting when we have this weakening. Guy says we are now starting to see the effects of the higher rates and he discusses lower 10 Y yields.
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