CNBC's "Fast Money" An Economic Read From Powell, Banks… And Crypto’s Pullback Hitting Stocks 10/14/25
Oct 14, 2025
Andrew Ross Sorkin, a renowned journalist and author, shares insights from his new book about the 1929 market crash, drawing fascinating parallels to today's financial climate. He discusses how Fed Chair Jerome Powell's recent comments are shaping economic outlooks and the implications of big bank earnings. The conversation also explores Bitcoin's recent downturn and its negative effects on trading platforms like Coinbase and Robinhood, alongside oil market shifts and the rise of alternative energy. It's a compelling mix of history and modern market analysis!
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Banks And Powell Paint A Nuanced Economic Picture
- Bank CEO comments and Fed remarks together signal a resilient economy with looming risks.
- Powell kept two rate cuts on the table while banks highlighted geopolitical and inflation uncertainties.
Banks Signal Dealflow And Financing Strength
- Jamie Dimon and other bank CEOs sounded cautiously optimistic but flagged long-term risks like tariffs and sticky inflation.
- Strong bank earnings reflect deal activity and financing demand, especially around AI and M&A.
Use Upcoming CPI To Reassess Yield Exposure
- Watch CPI and upcoming data as they will likely move yields and risk sentiment.
- Consider safe-haven treasuries if macro signals imply slowing growth and lower yields.