On this episode of “On The Tape,” Guy Adami and Dan Nathan talk about crazy month-end price action (4:00), narrowing leadership (7:30), what happens if the Fed doesn’t cut (13:00), consumer spending (16:00), the economy vs. the stock market (19:00), options pros worries about the S&P 500 rally (26:30), oil/OPEC+ (30:30), Nvidia gaps up on product announcement (32:00).

Articles Mentioned on this Podcast:

S&P 500 enters June near a record but with growing concerns about the market’s narrow leadership (CNBC)
The Fed Won’t Cut Rates This Year (Barron’s)
Key Engines of US Consumer Spending Are Losing Steam All at Once (Bloomberg)
Majority of Americans wrongly believe US is in recession – and most blame Biden (The Guardian)
Options Pros Are Worried About S&P 500 Rally’s Staying Power (Bloomberg)

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About the Show:

On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market.

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Check out our show notes here

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