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Out With the…New? How Stock Markets Are Turning the Old New Year’s Adage on Its Head

Out With the…New? How Stock Markets Are Turning the Old New Year’s Adage on Its Head

The start of the year is often an opportunity to turn over a new leaf, but today’s action on Wall Street was all about strength in the old economy stocks. Was this a matter of rising yields taking out high-fliers, or is there something more going on here? Plus Paul Sankey lays out a new pairs trade you won’t want to miss.

CNBC's "Fast Money"

January 4, 202243m 53s

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Show Notes

The start of the year is often an opportunity to turn over a new leaf, but today’s action on Wall Street was all about strength in the old economy stocks. Was this a matter of rising yields taking out high-fliers, or is there something more going on here? Plus Paul Sankey lays out a new pairs trade you won’t want to miss. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.