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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Record Rally Backed By Strong GDP
- The S&P set a fresh record close driven by a stronger-than-expected GDP print and broad asset class strength.
- Tim Seymour and others see levitation continuing unless a major negative surprise appears.
Commodities Also Making New Highs
- Gold, silver and copper all hit all-time highs alongside stocks, signaling commodity strength.
- Panelists view commodities and industrial metals as a durable theme into year-end.
Growth Boosts Cyclicals And Semis
- Nominal growth north of 5% suggests equities like semiconductors and banks benefit from the backdrop.
- Tim Seymour warns corporate profit margins and Fed dynamics could complicate 2026.