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Stocks Shrug Off Hotter-than-Expected Jobs Report, and China Tech Posts a Big Week 12/02/22

CNBC's "Fast Money"

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Do I Think Markets Are Going to Go Lower?

Tim Stanley: I think markets are going to go lower. Do I think they can go higher in the short term? Yes. Until the dollar starts moving higher, I think equities continue to go higher. There's a debate playing out right now about whether that lower rate for the 10-year, and it could be trending lower right now, signals something about slower growth at some point down the line. Let's turn to crude oil right now on energy prices. WTI dipping below 80 bucks a barrel ahead of a big week for energy,. OPEC plus the partner countries meet on Sunday, and the EU's ban on Russian crude going into effect on Monday.

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