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CNBC Fast Money Halftime Report June 22, 2024

Day. Well begin with the market and whats been anything but a summer sizzle for stocks. Now comes august which is historically hard for investors. The s p has fallen 2. 5 in each of the past five years. As we look towards whats ahead in august, five months to go, does everything hinge on whether the fed hikes Interest Rates in september . I mean, if thats really the case, then i have good news for you. The market says theres no shot. If you look at the cmes fed watch and you believe that the market is getting things right as we get closer, theres a much higher likelihood that you see a december hike. I think a 25 basis point hike is like 42 . Even october, theyre talking about a 20 some odd percent chance. If thats what youre truly focusing all your attention on, the timing of the first hike, you have some time. To hang out in the panic room. If youre more rational, you say to yourself, strongly hinting theyll do something. Even i ....

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CNBC Closing Bell June 22, 2024

Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltime high after beating expectations today. A lot to get toompt lets get to the crude oil, this miserable month. The damaging effects of the oil collapse on earnings. Good afternoon. Let me talk about the settle for crude oil. 4712 to give you perspective. The Second Lowest weekly close that we have seen this year a very bear signal ....

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