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Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battleThe Fedread more
President Trump and Apple CEO Tim Cook have had a rocky relationship in recent years, but Trump is now complimenting the executive publicly.Technologyread more
Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
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SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
The "Fast Money " traders debated which securities were best for padding portfolios with some near-term protection ahead of the vote in the U.K. on whether or not to leave the European Union. The CBOE volatility index hit a high of 21.19 on Wednesday, ahead of the referendum vote.
Trader Steve Grasso said that the utilities, consumer staples, gold and dividend yielding securities will likely be repurchased after the decision.
Gold is a good play, according to trader Guy Adami. Overall, he believes that global slowdown and deflationary pressure are playing a bigger role in international markets than Brexit.
Trader Dan Nathan said that he is watching the iShares 20+ Year Treasury Bond ETF (TLT) because of past price action during catalytic events.
"When you think back to August, when we really saw risk asset volatility go berserk, we had this spike to new all-time highs or multi-year highs in the TLT and then that came off, and it came off really hard once things calmed down," he said. "The same thing happened in February."
Trader Brian Kelly said that the European banks are at risk of selling off because of the recent rally in those names. Deutsche Banke, Credit Suisse and UBS are all up double digits in the last week. Kelly said he may be looking to increase his short positions in those stocks.
Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami's wife, Linda Snow, works at Merck.
Steve Grasso is long BA, CC, EVGN, GDX, KBH, MJNA, MU, OLN, PFE, PHM, T, TWTR, UA. Steve Grasso's Kids are long EFA, EFG, EWJ, IJR, SPY. Stuart Frankel & Co Inc. and some of its Partners are long AAPL, AMZN, AVP, CUBA, CVX, DAL, FCX, HSPO, IBM, ICE, KDUS, KO, LDP, LUV, MAT, MCD, MJNA, NE, NEM, NXTD, OLN, OXY, RIG, STAG, TAXI, TEX, TITXF, UAL, URI, VALE, WDR, WYNN, ZNGA.
Brian Kelly is long Bitcoin, GLD, SFK, SLV, TLT, US Dollar UUP. He is short CS, DB, UBS
Dan Nathan is BABA June/Aug put spread, JD Call spread Long PFE, Long TWTR, IWM long Sept put, XLF long Sept Put spread, XLK long Sept Put spread, FXI long Aug put spread, SMH long Aug put spread, long PYPL call calendar, long TLT Sept risk reversal, XLV July calls, long C Sept puts, VZ July August put spread.