CNBC's "Fast Money" Fast Money 8/31/26
22 snips
Aug 31, 2026 
Megan Casella, CNBC’s economic policy and markets correspondent, joins traders Dan Nathan and Tim Seymour, a derivatives strategist and global-investing expert. They debate soaring Treasury yields, Fed rate decisions, and energy stocks amid geopolitical risk. The panel also examines Apple’s AI transition, Bitcoin’s rally, healthcare pricing shifts, Alphabet’s outlook, and warning signs in hotel stocks.
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Stocks Are Ignoring Historically High Yields
- Equity investors have largely absorbed higher yields because financial conditions remain supportive and earnings remain strong.
- Marta Norton noted the S&P 500 traded near 7,700 with 4.75% yields, versus roughly 6,000 and 5,000 in earlier comparable periods.
Wait For More Inflation And Jobs Data
- Avoid assuming the Fed must hike immediately when inflation persists alongside a weakening economy.
- Guy Adami and Dan Nathan favored holding rates steady while monitoring jobs, CPI, PPI, and PCE data.
Easy Credit Makes A Fed Hike Rational
- Michael Cantopoulos argued monetary policy remains too easy because money growth, velocity, earnings, employment, and credit conditions are all strong.
- He expected a September hike as a credibility move, not necessarily the start of a prolonged hiking cycle.