CNBC's "Fast Money" cover image

How the Mighty Have Fallen, and the Skinny on Lilly 8/7/23

CNBC's "Fast Money"

00:00

The Re-Steepening of the Yield Curve

The Vix opened the week at 13. It was just saying to you that there was no fear in the market. The implied move in the options market, the one day move for Apple was only 3%. But we're going to need this sort of like I don't know what you want to call it snowball effect or something like that to put some real fear back in the market and get the Vix back above 20 if you will.

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