Money Aint Got No Owners Only Spenders

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On this episode of “On The Tape,” Guy Adami and Dan Nathan talk about crazy month-end price action (4:00), narrowing leadership (7:30), what happens if the Fed doesn’t cut (13:00), consumer spending (16:00), the economy vs. the stock market (19:00), options pros worries about the S&P 500 rally (26:30), oil/OPEC+ (30:30), Nvidia gaps up on product announcement (32:00).

Articles Mentioned on this Podcast:

S&P 500 enters June near a record but with growing concerns about the market’s narrow leadership (CNBC)
The Fed Won’t Cut Rates This Year (Barron’s)
Key Engines of US Consumer Spending Are Losing Steam All at Once (Bloomberg)
Majority of Americans wrongly believe US is in recession – and most blame Biden (The Guardian)
Options Pros Are Worried About S&P 500 Rally’s Staying Power (Bloomberg)

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