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Transcripts For CNBC Fast Money 20240714

What was behind this tim. I think we just got so oversold, mel. If you look at the tenyear, we were actually at 20 years we hadnt been this oversold in relative strength or how you want to measure it, but you can measure it we went from 204 down to kind of 161, 159 i think was the low on the 30year bond we got within a whisper, we might have touched, probably a bit north of the alltime historical low set on july 8th so when you came in this morning, it was bonds, banks and brent which were driving the story, and then suddenly that turnaround tuesday that we were talking about happened on wednesday. Again, i think you just came from a place of being extremely oversold the machines had gone to work. Whatever you want to say fundamentals on the equity market right now are such that i think bad news is bad news i think that thats not necessarily going to be a panacea in the way it has been, but i think for a day at least we are addressing the reality. I think things were oversold. We are j

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