CNBC's "Fast Money" Stocks Sink as Inflation Fears Rise, and Counting Down to “Liberation Day” 3/28/25
9 snips
Mar 28, 2025 The podcast dives into the recent stock market downturn, primarily due to inflation fears reaching a 32-year high. Major tech companies, particularly the 'Magnificent Seven,' face significant challenges. The looming 'Liberation Day' promises potential tariff changes that could impact consumer prices. Discussions include the struggles of retailers like Amazon and Lululemon amid changing consumer trends, and an intriguing AI acquisition worth $80 billion. The importance of diversification and a balanced investment strategy in a volatile climate is emphasized.
AI Snips
Chapters
Transcript
Episode notes
Tech Sell-off and Market Volatility
- The NASDAQ is near its lowest close of the year, and the Magnificent Seven stocks lost over half a trillion dollars in value in one day.
- Hot inflation data and worries about "Liberation Day" tariffs are driving the sell-off.
S&P 500 Support Level
- The market's bounce from its March 14th low makes sense, but recent selling reflects hot inflation data.
- The recent low of 55.07 for the S&P 500 is a critical support level.
Buying Opportunity in Volatility
- Wait for more pain and increased volatility before buying, as the VIX is not yet at panic levels.
- Look to buy companies with strong balance sheets that can withstand market downturns.