# Risk-On & Risk-Off Trades Get Hit… And Insmed CEO On Stock Surge 11/3/25

An episode of [CNBC's "Fast Money"](https://invisiblenetwork.ai/podcast/215529509), 4 Nov 2025, 44 min.

Audio: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/b7b89f33-e5b5-46a6-9e42-7f843e9567e5/episodes/65255ac7-d0a7-4238-8caa-f705e1ccc26c/audio/128/default.mp3?aid=rss_feed&awCollectionId=b7b89f33-e5b5-46a6-9e42-7f843e9567e5&awEpisodeId=65255ac7-d0a7-4238-8caa-f705e1ccc26c&feed=szW8tJ16

Both the risk-on crypto space and the risk-off defensive staples sector getting hit today. What the dual downer means for the market, and how the Fast Money traders are positioning for November. Plus Shares of Insmed nearly tripling in 2025. What the CEO sees in store for the company as they rollout their chronic lung disease drug. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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