CNBC's "Fast Money" Stocks Jump After CPI… And A Potential Media Deal 9/11/25
Sep 11, 2025
Rick Santelli, a seasoned CNBC commentator, dives into the recent surge in the Consumer Price Index and its implications for the Fed's upcoming rate decision. He discusses how inflation is shaping the housing market and consumer sentiment. The conversation also uncovers a potential cash bid from Paramount Skydance for Warner Brothers Discovery, pondering the challenges and motivations behind this high-stakes media merger. Santelli wraps up with insights into the evolving landscape of sports streaming and the increased relevance of connected TV.
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Markets Priced For Cuts Despite Sticky Inflation
- Markets have priced in aggressive Fed easing despite sticky inflation components and rising goods prices.
- Traders warn that liquidity and stretched multiples could make that optimism vulnerable to data surprises.
Watch Jobless Claims Before Betting Big On Cuts
- If inflation stays warm but labor softens, consider a single 25bps cut rather than a larger easing cycle.
- Monitor initial jobless claims as a sentinel; treat spikes as signals to reassess Fed path.
Seasonal Claim Quirks Around Labor Day
- Rick Santelli recalled odd seasonal patterns around Labor Day affecting unemployment claims and seasonal adjustments.
- He used this to argue that the recent 263k initial claims reading could be an early warning for labor weakness.