CNBC's "Fast Money"

Two Financial CEOs Offer Opposing Views on the Consumer, and the Latest on Rising Tensions With China 12/5/23

Dec 5, 2023
American Express CEO warns of a slowdown in consumer spending, while Bank of America CEO believes spending is holding up. China fires back at US over export control comments. Chinese IPO faces scrutiny of US lawmakers. Bank CEOs testify before Senate Banking Committee. Positive outlook for banks and home builders. CVS announces new drug pricing model. Debate on drug pricing transparency and US-China tensions. Growing tensions between US and China in AI industry. Closing remarks and final trades discussed.
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Episode notes
1
Introduction
00:00 • 2min
2
Analyzing Differing Views on Consumer State and Economic Outlook
02:11 • 10min
3
Bank CEOs Testimony and Regulation
11:45 • 9min
4
Positive Outlook for Banks and Other Market Updates
20:42 • 3min
5
Positive Earnings Report and Optimistic Outlook from a Home Builder CEO
24:07 • 2min
6
Discussion on Home Builder Stocks and Future Outlook
25:54 • 2min
7
Earnings report and market outlook for Toll Brothers
28:09 • 2min
8
Discussion on Homebuilder Stocks and Upcoming Topics
29:57 • 2min
9
CVS Announces New Drug Pricing Model to Increase Transparency
31:40 • 2min
10
Debate on Drug Pricing Transparency and US-China Tensions
33:44 • 2min
11
US-China Tensions and AI Industry
35:29 • 14min
12
Closing Remarks, Final Trades, and Charlie Munger's Special Podcast Series
49:48 • 3min