Squawk Pod

Latest Episodes:

Oil Flows & TikTok’s Millions: Dancing, Branding, & Going Viral with D’Amelio Dad 9/6/22 Sep 06, 2022

Show notes

OPEC+ has announced a cut to production, surprising an already shocked global energy system. Russia has shut down oil flows to Europe through Nord Stream Pipeline 1, indefinitely. State Department official, Special Presidential Coordinator for International Energy Affairs Amos Hochstein, discusses energy geopolitics amid Europe’s deepening crisis.

The United Kingdom has a new Prime Minister in Liz Truss, and CVS is buying home health giant Signify. Plus, the two highest-paid influencers on TikTok are Gen Z sisters; the dad and manager of Charli and Dixie D’Amelio, Marc D’Amelio, discusses the six-figure payouts per social media posts, his family’s new business venture, and leveraging TikTok’s algorithm for income.

In this episode:

Marc D’Amelio, @marcdamelio

Amos Hochstein, @amoshochstein

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer: @Kramer_Katie

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Retail Investors Beware: Not-So-Free Trading 9/2/22 Sep 02, 2022

Show notes

The Labor Department released the number of American jobs added in August: 315,000. Only slightly below expectations, CNBC’s Steve Liesman and former CEA member Tyler Goodspeed consider what the report means for the Federal Reserve’s next rate hike. According to a new study by a group of professors, commission-free trades might not be free. UCLA Irvine Professor Christopher Schwartz explains the study, the fee and payout discrepancies between brokerages, and shares the best and the worst firms for retail trader pockets. As offices across the U.S. gear up for a reunion, China is locking down over 21 million people because of 700 covid cases. Former FDA Commissioner Dr. Scott Gottlieb discusses the difference between our approaches to public health, and shares which vaccines we should be getting–and when we should get them. Plus, Starbucks has named Howard Schultz’s successor, and Lululemon delivered a strong quarterly performance.

In this episode:

Dr. Scott Gottlieb, @ScottGottliebMD

Becky Quick @BeckyQuick

Mike Santoli @michaelsantoli

Steve Liesman, @SteveLiesman

Cameron Costa, @CameronCostaNY

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The Carlyle Group Co-Founder: David Rubenstein 9/1/22 Sep 01, 2022

Show notes

In an extended interview, Carlyle Group co-founder David Rubenstein discusses his new book, "How to Invest: Masters on the Craft,” featuring his own interviews with the world’s best investors, including Larry Fink, Ron Baron, Sam Zell, Mary Callahan Erdoes, Ray Dalio, Stan Drunkenmiller, and John Rogers. As markets digest rate hikes from the U.S. Federal Reserve, a new lockdown in China, and Europe’s ongoing energy crisis, Rubenstein offers his best bets at this point in the cycle: health care, fintech, and blockchain. Plus, CNBC’s Eunice Yoon reports on the Chengdu lockdown from Beijing, and Microstrategy Chair Michael Saylor is facing tax evasion allegations.

In this episode:

David Rubenstein, @DM_Rubenstein

Eunice Yoon, @onlyyoontv

Becky Quick @BeckyQuick

Melissa Lee: @MelissaLeeCNBC

Cameron Costa, @CameronCostaNY

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An Energy Episode: Hydrogen, Crisis, & Fueling Change 8/31/22 Aug 31, 2022

Show notes

Majority state-owned Russian Gazprom has shut down gas flows through Nord Stream 1 pipeline, an energy lifeline for much of Europe. CNBC’s Joumanna Bercetche reports on the evolving crisis abroad. Stateside, Vivek Ramaswamy, founder of Strive Asset Management, and Christy Goldfuss, a former Obama energy official now at the Center for American Progress discuss energy politics and ESG investments at home and in Europe. CNBC’s Phil LeBeau reports on another energy story here at home: hydrogen fuel cells and the future of transportation. Plus, Snap and Bed Bath & Beyond are leaning on layoffs and business trims to stay afloat.

In this episode:

Vivek Ramaswamy, @VivekGRamaswamy

Christy Goldfuss, @christygoldfuss

Joumanna Bercetche, @CNBCJou

Phil LeBeau, @Lebeaucarnews

Melissa Lee, @MelissaLeeCNBC

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

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Power & Politics: China, Europe, & the American Office 8/30/22 Aug 30, 2022

Show notes

Kyle Bass, founder and CIO of the global events-focused hedge fund Hayman Capital Management, discusses Europe’s energy crisis, China’s tenuous path forward, and how both are affecting his portfolio strategy. As employees gear up for a employer-mandated return to the office, Korn Ferry’s Alan Guarino and journalist and Yale lecturer Joanne Lipman discuss politics, power, and pressures of a 2022 workplace. Plus, Tesla is in the crosshairs of a labor debate, Peloton’s lost its trading momentum, and California’s trying to change the game for fast food.

In this episode:

Kyle Bass, @Jkylebass

Joanne Lipman, @joannelipman

Melissa Lee: @MelissaLeeCNBC

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets Brace for More Bumps, & To the Moon! Almost. 8/29/22 Aug 29, 2022

Show notes

After Fed Chair Jay Powell spooked the markets with his comments in Jackson Hole, Joe Kernen, Mike Santoli, and Hightower’s Stephanie Link consider the next moves for the markets as the central bank fights inflation. Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, shares his perspective on Powell’s aggressive policies to curb inflation. Plus, NASA’s Artemis I is eyeing the moon! The launch–when/if it happens–will be a crucial step in humankind’s first return to the moon in over 50 years. Chief astronomer at the Franklin Institute Derrick Pitts explains what scrubbed the Artemis I launch, as well as the likelihood of extraterrestrial life and humans on Mars.

In this episode:

Mohamed El-Erian @elerianm

Stephanie Link, @Stephanie_Link

Derrick Pitts, @CoolAstronomer

Mike Santoli @michaelsantoli

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Lipstick, Loans, & Jay Powell: More Pain Ahead 8/26/22 Aug 26, 2022

Show notes

At this year’s Jackson Hole meeting Federal Reserve Chair Jay Powell has assured the U.S. that the central bank will continue hiking interest rates to ease inflation, even if it prompts an economic slowdown. Jason Furman, former chair of President Obama’s Council of Economic Advisors and a speaker at that same Jackson Hole meeting, discusses the various players working to lower inflation: the Fed, the Biden Administration, and Congress. Furman and Steve Liesman consider the labor market and the student loan forgiveness plan that’s concerned many investors. Next week kicks off one of New York’s biggest sporting events, the US Open. USTA CEO Lew Sherr discusses the players hitting the tennis court and the ones sitting out. Plus, CNBC’s Courtney Reagan reports on the “lipstick indicator,” the metaverse is getting a few updates from Williams Sonoma and from Mark Zuckerberg.

In this episode:

Jason Furman, @jasonfurman

Lew Sherr, @usta

Courtney Reagan, @CourtReagan

Steve Liesman, @SteveLiesman

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY

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SPECIAL: Ron Baron: A ‘Once in a Generation’ Buying Opportunity 8/25/22 Aug 25, 2022

Show notes

The legendary buy-and-hold investor says there has never been a better time to buy stocks and invest in the U.S. markets. In an extended interview, the Baron Capital Chairman and CEO said he’s been picking up bargains since the market rebounded from a June low point. Baron correctly called the comeback in stocks and now he is sharing what he’s been buying: growth companies that hedge against inflation. Plus, the Biden administration’s plan for student loan forgiveness brings back discussions of moral hazard that Joe Kernen, Becky Quick and Andrew Ross Sorkin have been having since the Great Financial Crisis. And, delays at the multiplex - Warner Bros reshuffles movie release dates

Joe’s assigned reading to listeners: Nobody Knows How Interest Rates Affect Inflation

Student Loan Forgiveness: Check if you Qualify

In this episode:

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer: @Kramer_Katie

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So Long to (Some) Loans, & WOOF: Pet Pricing Power 8/24/22 Aug 24, 2022

Show notes

President Biden’s student loan forgiveness plan has alarmed investors who worry that the policy will be inflationary for our economy. Senator Patrick Leahy (D-VT), the Senate’s longest-serving lawmaker and the body’s president pro tempore, explains how the forgiveness will work, and what the limitations will be. As he reflects on his retirement and on the future of the United States, airing his concerns about our trajectory as a nation. As markets continue their volatile summer, Joe, Becky, and Andrew are reunited to break down the latest moves and market jitters ahead of this week’s Fed meeting. Twitter has a leak, and the whistleblower’s allegations might just help Elon Musk. Plus, Becky and Joe share their family pet affections with Petco CEO Ron Coughlin, who insists, despite the “WOOF” stock ticker, his team doesn’t play favorites.

In this episode:

Ron Coughlin, @RCoughlinPetco

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer: @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jackson Hole Scaries & the CCP’s Covid Price 8/23/22 Aug 23, 2022

Show notes

Markets suffered the worst day since June as investor confidence wavers ahead of the Federal Reserve’s annual meeting in Jackson Hole. Joe Kernen and Andrew Ross Sorkin break down the rough trading day and Wall Street’s expectations for the rest of this week; Morgan Stanley’s Chief Investment Officer Mike Wilson offers some perspective on the likelihood of a full-blown recession, as well as earnings reports for the rest of 2022. In China, the central bank has cut rates again as the country’s persistent Covid lockdowns take a toll on its economy. International policy analyst Dewardric McNeal discusses the balance between public health and economic growth. Also in China, the CCP is facing a political reshuffle as its 20th national congress approaches; CNBC’s Eunice Yoon offers some insight on how domestic politics are affecting international influences–like ‘Minions’--in China. Plus, Elon Musk is asking former Twitter CEO Jack Dorsey for help in getting out of buying the platform, and “House of the Dragon” has given HBO its biggest premiere ever.

In this episode:

Eunice Yoon, @onlyyoontv

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer: @Kramer_Katie

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.