RiskReversal Pod What's The Vibe As Stocks Dip & Yields Rip?
11 snips
Sep 3, 2025 The hosts explore why major market indexes are down, focusing on September's notorious volatility. They discuss rising long-term Treasury yields and their impact on high-valuation tech stocks. Insights into upcoming job reports and U.S. tariff decisions reveal how geopolitical tensions affect global markets. They highlight underperforming companies like Nvidia and Microsoft while connecting cultural events to economic realities. The conversation wraps up with an analysis of interest rates and their implications for banks and overall economic growth.
AI Snips
Chapters
Transcript
Episode notes
September Market Seasonality Returns
- September often brings renewed market activity and volatility after a laid-back summer.
- Guy Adami notes historically funky moves in September and marked-up month-end behavior that didn't occur this August.
Back End Yields Tell A Different Story
- Global long-term yields are rising despite expected short-term Fed cuts and are signaling real financing stress.
- Guy Adami says the back end of the curve is where everything gets financed and it is telling a different story than the Fed funds market.
Rates Reprice Growth Stock Valuations
- Higher long-term rates compress valuations for growth and AI-driven tech because future cash flows are discounted more.
- Guy Adami notes valuations matter once rates rise, reversing the zero-rate era mindset.