Stocks Aim to Rebound, Fading CEO Optimism, Crypto a “Sideshow?” 12/6/22

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the markets aiming to rebound a day after stocks suffered their worst performance in nearly a month. The S&P also posted its third straight day of declines. The anchors then turned their attention to cryptocurrencies, after JPMorgan CEO Jamie Dimon called the industry a “sideshow.” Dimon also went on to say tokens are “like pet rocks.” Also in the mix: shares of Meta dropped again following news that the company’s oversight board concluded that Meta gives its VIP users an unfair advantage.