Squawk on the Street
Geopolitical Risks Fuel Market Volatility, Fed's Bullard on his 100-Basis Point Hike Message, Peloton CEO's "Sale" Answer, and Super Bowl Ad Fever
This episode isn’t summarized yet
Create a free account and summarize it. In a few minutes you’ll have the key takeaways and a section-by-section summary.
Show notes
Jim Cramer and David Faber kicked off a new market week by focusing on volatility in wake of Russia-Ukraine tensions and the Fed's approach to hiking interest rates. The anchors reacted to what St. Louis Fed President James Bullard told CNBC about inflation and what sparked his take on raising rates by 100 basis points Cramer offered his views on how investors should navigate the market environment, especially when it comes to the energy sector. Also in focus: Peloton's new CEO comments about a potential sale of the company in a published interview, the resiliency of chip stocks, Splunk surges on a report of a buyout offer from Cisco, Lockheed Martin terminates its deal to acquire Aerojet, top bank analyst Mike Mayo's "valentine note" to JPMorgan Chase CEO Jamie Dimon, plus a look at Super Bowl ads dominated by crypto and automobile companies. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
for information about our collection and use of personal data for
advertising.