Lee Brodie joined CNBC.com as a web producer for "Fast Money" after nearly 20 years on the broadcast side of the business. A familiar face at the peacock network, he last worked in the world of finance and investing on CNBC’s prime-time show "Capital Report." His other news credits include MSNBC, NBC News and the show-business news magazine Entertainment Tonight. He has also produced documentaries including the 2007 Emmy-winning "A Question of Life or Meth" for A&E Networks as well as the highly acclaimed "History in Focus: Flags of Our Fathers" for the History Channel. Brodie also received an Emmy award for his coverage of the New York theater scene in "Live from Broadway with Pat Collins." His first job in media was also with NBC, as a page.
Mad Money with Jim Cramer
Lee Brodie
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The U.S. government says the economy grew at a faster pace in 3Q than previously thought. GDP rose 2.2% in the period -- that's above Wall Street forecasts and up from previous estimates of 1.6% growth. What impact is this information having on the markets and what else is driving the markets this morning?
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Time for "Word on the Street " and our look at the day ahead. Peter Kenny is Managing Director of Jefferies and Company. On this morning's "Squawk On The Street," Kenny basically said he was "down" on the economy.. He told Mark Haines--the overall U.S. economy is in a slowdown in some sectors.
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Fed Chairman Ben Bernanke spoke--but it seems few investors listened. Stocks drifted lower after his speech. So--what's the next move for investors in 2007? That's the question for two analysts on Closing Bell. Citigroup's Chief U.S. Equity Strategist and Managing Director, Tobias Levkovich is very bullish on the economy.
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Here's the likely headline from Federal Reserve Chairman Ben Bernanke's speech in New York City today: core inflation is still "uncomfortably high." AND Bernanke warned--it would be "especially troublesome" if inflation doesn't moderate as he and other Fed officials expect.
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Markets are looking to the speech by Fed Chairman Ben Bernanke today for clues about the direction of the economy. Following are some bullet points from his speech published by the Associated Press and discussed on CNBC.
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On Wednesday the Fast Money traders were squarely focused on 3 key developments that may signal serious challenges lie ahead for the stocks.
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If you're relatively new to the stock market, trading rallies can be somewhat counter-intuitive. Are you about to make a major mistake?
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If you're making too much money, you may be doing something dangerous, Jim Cramer said.
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Cramer is host of CNBC's "Mad Money," and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."
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