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Fed Sends Markets to New Records, Plus Why Two Traders Are Buying Zillow

Fed Sends Markets to New Records, Plus Why Two Traders Are Buying Zillow

The Federal Reserve made it official today, announcing the winddown of its bond-buying program. The news sending stocks to new highs, but have markets gotten ahead of themselves. Plus, Zillow shares plunged to their lowest level since July 2020, and a couple traders are taking the sell-off as an opportunity to buy in. We’ll find out why.

CNBC's "Fast Money"

November 3, 202143m 56s

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Show Notes

The Federal Reserve made it official today, announcing the winddown of its bond-buying program. The news sending stocks to new highs, but have markets gotten ahead of themselves. Plus, Zillow shares plunged to their lowest level since July 2020, and a couple traders are taking the sell-off as an opportunity to buy in. We’ll find out why. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.