CNBC's "Fast Money" cover image

Stocks See-Saw Post Powell, and Waging War on Wealth 2/7/23

CNBC's "Fast Money"

00:00

Do Powell Really Give Traders a Green Light?

Timothy Stanley: Since the beginning of December, clearly this market has been confused and I've been dead wrong. So did Powell really give traders a green light this time around? And think about what has happened since he last talked? We got a hot hot hot jobs number and still he had the opportunity to come out be hawkish. He also tried to explain away the jobs number, not enough people look, so I get it in this disinflation theme. But again, the last week's data parade that was an incredible ISM, an incredible ECI,. An incredible payroll number and a Fed that said we're data dependent. Like we could actually come back from it today.

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