Rough Start, Rate Expectations, Disneys Activist Moves 01/03/24
b'Carl Quintanilla and Jim Cramer began the hour by breaking down the markets\\u2019 rough start to the new year of trading. The Nasdaq posted its worst daily performance since October, and the worst start to the year since 2016. The anchors also discussed their expectations for the Fed Minutes; this as Richmond Fed President Tom Barkin said in a speech today that a soft landing is \\u2018increasing conceivable\\u2019 not inevitable, and that the potential for additional rate hikes remain on the table. The desk also shifted to Disney, which struck a deal with activist investor ValueAct Capital. The firm agreed to support Disney\\u2019s slate of board nominees at this year\\u2019s annual meeting, siding with Disney in its battle with Trian and Nelson Peltz.\\n\\nSquawk on the Street Disclaimer'