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Transcripts For CNBC Closing Bell 20170606

Bitcoin at a new record as the price does too, nearing 3,000, 2818, as we speak, an an investor said its in a bubble, bitcoin is. You think . Details ahead. Amazon takes a a shot at walmart again, this time by offering discounts on prime membership for customers who receive government assistance. Well have a good oldfashioned debate on amazon versus walmart coming up in a bit here. Im telling you, its going to be just amazon versus walmart in Retail Industry at some point, right . I think maybe amazon and everybody else, but youre right. They are they are making some right moves. They are. Walmarts coming back. Thats definite. Thats in a bit. Beginning with breaking news, President Trump is scheduled to meet with congressional leaders at the white house. Eamon is there. What are they going to talk about . Reporter yeah, hi, bill. Theyre going to talk about the legislative agenda here on capitol hill. The White House Briefing reporters yesterday saying they are still focused on the idea

Transcripts For CNBC Fast Money 20170606

Later, karen will tell you the one bank stocks that she says is a screaming buy. And jamie dimon, its not your stock. Oh, wow, man. We start off what it looks like for a retail armageddon once again. Now covering your yeartodate lows t. Main calls were, once again, Department Stores. Macys yeting crushed 8 a. Retail selloff in the other Department Stores. Is this the retail bottom . If not, what do we need to know and see, to see that weve hit rock bottom . Guy. The retail bottom in the names you mentioned. Macys, you say valuation, karen can speak to this probably eight times forward earnings. You talk about negative eps growth. You say, where is the core . Im not sure. You look at a nordstroms, its had an interesting move over the last year, yearandahalf. You say at 13. 5, 14 times forward earnings. Why cant it trade . Different companies i know, i get it. But that whole space the anchor stores are in a lot of trouble. I dont think theyre tradeable at these levels at all. Well, there

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