MKT Call 8/13/22: Be Careful What You Wish For; CPI Data Slams Stocks

On this episode of MKT Call, Guy Adami, Dan Nathan discuss:

• Reaction to this morning’s CPI report
• What the Fed could do next
• Stocks getting slammed, yields surging
• How the dollar and commodities are reading to the hot inflation data
• Bitcoin and other cryptocurrencies sinking
• The Nasdaq falling 4%, plus Nvidia, Microsoft and the ARKK ETF all deep in the red
• Why Dan says Microsoft is the most important chart in the market

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