This episode of Fast Money covers several developing financial stories. The hosts discuss a potential U.S.-TikTok deal, analyzing the involvement of U.S. entities and the government, and the implications for U.S.-China trade relations. They also preview the upcoming Fed decision, examining moves in the dollar, gold, and regional banks, and debate whether the Fed is cutting rates into a strong economy. Additionally, the panel analyzes new data on Novo Nordisk's weight loss drug and the potential for fast-track FDA approval of its oral obesity pill. Finally, they discuss major tech investments in the UK and a downturn in retail stocks despite strong sales data, and the potential privatization of Fannie and Freddie Mac.
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