Fed's Williams: Rate Cuts Not a Topic of Discussion, "Special" Costco, Home Depot's 1,000,000% Return 12/15/23

Published: Dec. 15, 2023, 3:52 p.m.

b'Jim Cramer and David Faber led off the show with market-moving comments made to CNBC by New York Fed President John Williams: Fed policymakers "aren\'t really talking about rate cuts right now." You\'ll want to hear Jim\'s reaction to Williams\' remarks. With major indices on track for a seven-week win streak, David highlighted the worst week for hedge fund shorts since March 2020. Also in focus: Costco posts better-than-expected results and declares a special dividend, Home Depot shares up 1,000,000% since the company\'s 1981 public debut, Lennar falls despite a quarterly beat, Jeff Bezos\' take on the dangers of AI, Blackstone\'s holiday video with a Taylor Swift twist.\\n\\n\\n\\nSquawk on the Street Disclaimer'