CNBC's "Fast Money" Stocks & Commodities Hit Record Highs.. And Novo’s Weight Loss Pill Pop 12/23/25
Dec 23, 2025
Tim Seymour, a seasoned investor and market analyst, and Joe LaVornia, counselor to the Secretary of the Treasury, dive into the latest market dynamics. They dissect the S&P 500 hitting record highs alongside a strong GDP report, discussing implications for inflation and Fed policies. The conversation shifts to Novo Nordisk's new weight-loss pill and its market potential. LaVornia highlights the role of private capital expenditures in economic growth while addressing the shift in consumer spending patterns and the overall recovery landscape.
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Broaden Beyond Tech
- Broaden sector exposure away from pure tech to capture AI winners and cyclicals.
- Consider international and commodity-linked assets if the dollar weakens.
Copper Miners Showing Strength
- Copper and copper miners (Freeport, Southern Copper) are breaking out on supply-demand deficits.
- The dollar trend and industrial demand support further upside in metals.
CapEx-Led Growth Could Be Disinflationary
- Administration frames GDP growth as CapEx-led and potentially disinflationary via reindustrialization.
- Joe LaVornia says interest-sensitive sectors are weak but should recover if rates decline.