Squawk Pod

Latest Episodes:

The New Covid Plan & Peloton’s Road Map Mar 03, 2022

Show notes

The Biden administration has unveiled a new plan for the ongoing pandemic, continuing production of vaccines and tests to minimize disruptions in the face of any new waves of infection. Former FDA Commissioner Dr. Scott Gottlieb discusses U.S. preparedness and the likelihood of new strains emerging in the fall. A week into Russia’s war in Ukraine, CNBC’s Kayla Tausche reports that over 2,000 civilians, and over 6,000 Russian troops have died. Plus, Peloton co-founder and ex-CEO John Foley has sold off $50 million in PTON stock, and the company is gearing up for big changes led by its new CEO, ex-Netflix executive Barry McCarthy. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Kayla Tausche, @kaylatausche Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Mellody Hobson’s & Bill Miller’s Investing Advice; The SOTU Breakdown Mar 02, 2022

Show notes

Famed value investor Bill Miller of Miller Value Partners joins Ariel Investments co-CEO Mellody Hobson to share investment advice as war abroad escalates and inflation at home rises. Some of Miller’s biggest positions are in Amazon, Alphabet, and Meta, and he says, Meta stock is cheap, and the case for bitcoin is strong. Hobson says value investors are enthusiastic about leisure and entertainment stocks, like hotels and casinos. Joe, Becky, and Andrew break down President Biden’s first State of the Union address and consider Russia’s implication for the oil markets and America’s tolerance for more inflation. Plus, Elon Musk noticed he and Tesla were missing from the President’s speech; the Squawk team considers how the two might repair their relationship. In this episode: Bill Miller, @B3_MillerValue Mellody Hobson, @MellodyHobson Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Russian Economics, Housing Refugees, & Investing for Impact with Serena Williams Mar 01, 2022

Show notes

As the Western world’s sanctions pile onto Russia, CNBC’s Steve Liesman considers the effect they’ll really have for the Russian economy and the Russian people. Speaking from his experience as a journalist in Moscow, Liesman explains the Russian government’s relationship to its citizens and the country’s difficult financial history. Meanwhile, U.S. corporations including Netflix, Disney, and Warner Bros. are taking a stand for Ukraine, and Airbnb is helping to coordinate housing for refugees. Airbnb CEO Brian Chesky discusses the cost and the capacity to serve the hundreds of thousands of Ukrainians fleeing violence. Plus, tennis champion Serena Williams’s venture capital firm Serena Ventures has raised $111 for its inaugural fund. She and General Partner Alison Stillman discuss the importance of representation in venture capital and investing in diverse perspectives.

In this episode:

Serena Williams, @serenawilliams

Brian Chesky, @bchesky

Steve Liesman, @steveliesman

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
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.

The Weight of the World’s Sanctions: SWIFT, Oligarchs, & Frozen Assets Feb 28, 2022

Show notes

Bill Daley, vice chairman of public affairs at Wells Fargo and former chief of staff in the Obama administration, discusses new sanctions against Russia, including the move to block some access to the SWIFT international payment system. CNBC’s Kayla Tausche breaks down the latest moves from the U.S. Treasury Department against Russia, CNBC’s Robert Frank reports on the swath of new sanctions from Western nations against Russian elites, and Eunice Yoon reports from Beijing, where China is struggling to remain neutral over Russia’s attack on Ukraine. Plus, Federal Reserve Chairman Jerome Powell is due to testify before Congress on Wednesday and Thursday for the central bank’s semiannual monetary policy report to lawmakers. Investors will be watching the testimonies closely for any indication on how the Russia-Ukraine crisis may affect the Fed’s plans for raising interest rates and tightening monetary policy more broadly.
In this episode:
Bill Daley, @WellsFargo
Kayla Tausche, @kaylatausche
Robert Frank, @robtfrank
Eunice Yoon, @onlyyoontv
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
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.

Oil & Gas Powers, ‘Digital Gold,’ & Opening the Door for Diplomacy Feb 25, 2022

Show notes

As Russia bombards Ukraine and advances on Kyiv, and Western powers consider deterrence strategies, market swings match changes in the power dynamic. After a call between China’s President Xi and Russia’s President Putin, Russian news outlets reported that Russia would be willing to start talks with Ukraine at a meeting in Minsk. Niall Ferguson, renowned historian, Hoover Institution senior fellow and founder of Greenmantle, discusses Europe’s reliance on Russia’s oil and gas. As investors seek safe haven amid international conflict, crypto bull Anthony Pompliano considers whether bitcoin counts as “digital gold,” or a safe hedge in times of uncertainty. Plus, the Musk brothers are still in hot water with the SEC.
In this episode:
Anthony Pompliano, @APompliano
Niall Ferguson, @nfergus
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
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.

The Invasion: “It’s a war, there’s no doubt about it.” Feb 24, 2022

Show notes

Russia has launched an invasion of its neighbor Ukraine, with military assaults on several key Ukrainian cities including its capital, Kyiv. City officials said the offensive has already killed dozens of soldiers and several civilians. Jack Jacobs, retired U.S. army colonel and a Medal of Honor recipient, discusses global deterrence strategy and says, "It is a war, there's no doubt about it." CNBC’s Kayla Tausche reports on how the White House is reacting to Russia’s attack on Ukraine, NBC’s Matt Bradley is on the ground in Moscow, and Eunice Yoon reports from Beijing, where China has refused to call the Russian attack on Ukraine an ‘invasion.’ Kyle Bass, founder and CIO of the global events-focused hedge fund Hayman Capital Management, discusses Russia’s relationship with China and what this could mean for the future of Taiwan. Plus, CNBC’s Dominic Chu tracks the market’s response to Russia’s aggression, eyeing wheat and oil prices and considering a war’s impact on inflation.
In this episode:
Jack Jacobs, @ColJackJacobs
Kyle Bass, @Jkylebass
Kayla Tausche, @kaylatausche
Eunice Yoon, @onlyyoontv
Dom Chu, @TheDomino
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
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.

Stacey Abrams on ‘Leveling Up’ & Sanctions for Deterrence Feb 23, 2022

Show notes

Democratic candidate for Georgia governor Stacey Abrams discusses her new book, “Level Up: Rise Above the Hidden Forces Holding Your Business Back,” and shares her plan for bolstering small businesses across the country. In a wide-ranging conversation, Abrams covers Congressional fundraising, voting rights, and the state of the Democratic Party. As Russia appears poised for further invasion of Ukraine, the U.S. is imposing economic sanctions on the country in hopes of determent. CNBC’s Kayla Tausche reports on the nature of the sanctions, and U.S. Deputy Secretary of the Treasury Wally Adeyemo explains how the U.S. and its allies may help show President Putin all that’s at stake for his country, should he persist. Plus, Elon Musk is airing his frustration with the Biden administration, more truckers are airing their frustrations with vaccine mandates and inflation, and Covid cases have plummeted over 90% in just five weeks.

In this episode:

Stacey Abrams, @staceyabrams

Wally Adeyemo, @wallyadeyemo
Kayla Tausche, @kaylatausche

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.

Putin’s “Peacekeeping” and Marriott’s CEO Feb 22, 2022

Show notes

Russian President Vladimir Putin has ordered troops into two breakaway regions of eastern Ukraine after announcing Monday evening that he would recognize their independence. NBC’s Matt Bradley reports from Kiev on the escalating tensions between Russia and Ukraine, as well as international implications for China and responses from the EU, UN, and NATO. Marriott CEO Tony Capuano discusses the rebound in leisure travel and the impact of Covid-19 on its business. Home Depot reported a strong fiscal fourth quarter and projected more growth ahead for 2022, but some investors wonder if home improvement’s hot streak will cool as inflation rises and pandemic concerns wane. Plus, Credit Suisse is weathering a dramatic data leak, and Elon Musk is still squabbling with the SEC. Happy Margarita Day!!
In this episode:
Tony Capuano, @Marriott
Matt Bradley, @MattMcBradley
Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin
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.

Warren Buffett & the ATVI Buy; Fmr. Microsoft CEO Steve Ballmer Feb 18, 2022

Show notes

Warren Buffett is setting the record straight after The Wall Street Journal insinuated that Berkshire Hathaway might have had inside information on the Microsoft-Activision Blizzard deal that informed his own timely ATVI buy. Buffett said the stock buys were made by “one of the two investment managers who operate independently of me at Berkshire” – a reference to Berkshire investors Ted Weschler and Todd Combs – and were completed long before the acquisition was announced. Steve Ballmer, former Microsoft CEO and the company’s largest shareholder, discusses the Activision Blizzard deal, investing--or not investing--in the metaverse, inflation, and the markets. As founder of the non-partisan, nonprofit data organization USA Facts, Ballmer shares data on the US population amid the pandemic, as well as misinformation. The Ukraine-Russia crisis entered a tense new day, as reports indicated there were new outbreaks of violence and ceasefire violations. Plus, happy fry-day!
In this episode:
Steve Ballmer, @Steven_Ballmer
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin
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.

Feuds Over the Fed & The Personal vs. Professional with Ex-Levi Executive Jennifer Sey Feb 17, 2022

Show notes

Ongoing tension at the Russia-Ukraine border continues to impact market sentiment. The U.S. Ambassador to the United Nations says the conflict has reached a “crucial moment” and that Russia is moving toward “an imminent invasion.” Senate Republicans are blocking votes on President Joe Biden’s five nominees for the Federal Reserve Board, creating an impasse while the central bank is under increasing pressure to combat inflation. Sen. Kevin Cramer (R-ND.), discusses delaying the vote and why he has particular ethical concerns for nominee Sarah Bloom Raskin. Jennifer Sey, former Levi’s Brand president, discusses how publicizing her personal views created problems for her career, and whether it’s happening to other employees across the country. Plus, there are big changes at the FAA and some tech stocks are beginning to lose their luster.
In this episode:

Sen. Kevin Cramer, @SenKevinCramer
Jennifer Sey, @JenniferSey

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Phil LeBeau, @Lebeaucarnews

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.