CNBC's "Fast Money" cover image

Top economist takes on Wall Street pessimism, believes U.S. can avoid recession. Plus, “So Bad, It’s ____!” 12/28/22

CNBC's "Fast Money"

00:00

The Headwind for Tech Stocks, Guy

Rates have gone up 40 basis points in just the past three weeks or so. That, of course, is the headwind for tech stocks that Dan was talking about. But then you also have layered on the reopening of China. And again, rates going higher in this environment should theoretically mean the economy is getting better. It does not mean that at all.

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