Stocks Sink on a Warning From Waller, and the Next Big Deals in Biotech 1/16/24

CNBC's "Fast Money"

English - January 16, 2024 23:07 - 44 minutes - 41 MB - ★★★★ - 1.2K ratings
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Previous Episode: What to watch in next week’s earnings, plus looking ahead to Taiwan’s elections 1/12/24

Next Episode: Why Markets Should Be Paying More Attention to Jamie Dimon’s Warning, and Why One Top Investor Is Wary of Investing in China 1/17/24

The Dow dropped over 200 points and the Nasdaq snapped a 6-day win streak after Fed Governor Chris Waller suggested the central bank may be slower to cut rates than investors hoped. We dig into the warning and what it means for the markets this year. Plus biotech coming off a banner year for M&A and one top analyst says there may be more to come in 2024. Jefferies Michael Yee lays out his top picks.

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