# JPMorgan Warning Sends Shares Sinking, and a Pairs Trade in the Retail Space 12/9/25

An episode of [CNBC's "Fast Money"](https://invisiblenetwork.ai/podcast/215529509), 9 Dec 2025, 44 min.

Audio: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/b7b89f33-e5b5-46a6-9e42-7f843e9567e5/episodes/8355f4d7-f3e7-4ab7-bb67-8fa5cd3433da/audio/128/default.mp3?aid=rss_feed&awCollectionId=b7b89f33-e5b5-46a6-9e42-7f843e9567e5&awEpisodeId=8355f4d7-f3e7-4ab7-bb67-8fa5cd3433da&feed=szW8tJ16

JPMorgan shares closed near their lows of the day after its consumer banking head said expenses would be 10% higher next year. The implications for the banking sector and the broader market. Plus Walmart shares are trading near a $1 trillion valuation. But one top technician says he’s still long the name. 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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