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New Record Highs as Powell Reassures the Market, and Is There a New King in Apparel Retail?

New Record Highs as Powell Reassures the Market, and Is There a New King in Apparel Retail?

Markets seemed mollified by the Fed chairman’s promise not to raise rates anytime soon, sending the Dow to a fresh all-time high close. Plus Amazon has overtaken Walmart as the biggest apparel retailer. What it means for the rest of the industry.

CNBC's "Fast Money"

March 17, 202143m 55s

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Markets seemed mollified by the Fed chairman’s promise not to raise rates anytime soon, sending the Dow to a fresh all-time high close. Plus Amazon has overtaken Walmart as the biggest apparel retailer. What it means for the rest of the industry. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.