Boris Johnson Resigns; Luxury Art Market Soars 7/7/22
Squawk Pod7 Heinä 2022

Boris Johnson Resigns; Luxury Art Market Soars 7/7/22

UK Prime Minister Boris Johnson is resigning, following a torrent of resignations from ministers in his government in the past 24 hours. CNBC Europe’s Steve Sedgwick reports on the scandals that have caught up with Johnson and the quick sea changes of UK conservative politics. As Wall Street parses through the market’s recession signals and portfolio managers brace for a deeper downturn, the luxury art market soars. The first half of 2022 broke records for the industry, marking the most ever paid for an American artist at auction ($195 million), and the most ever paid for a single collection (a cool $922 million). CEO of Masterworks Scott Lynn offers investors fractional ownership–equity shares–of blue chip works by the likes of Basquiat and Banksy, and he says, it’s an alternative asset worth the hedge. Plus, the market is working its way through the Federal Reserve’s reasoning behind its 75 basis point rate hike decision last month.

In this episode:

Scott Lynn, @Scottlynn

Steve Sedgwick @Steve_Sedgwick

Joe Kernen, @JoeSquawk

Melissa Lee @MelissaLeeCNBC

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.

Jaksot(1887)

5 Things to Know Before the Opening Bell 11/19/2025

5 Things to Know Before the Opening Bell 11/19/2025

The 5 things you need to know before the stock market opens today: Nvidia third quarter results are due after the bell, Congress approved legislation to compel the Department of Justice to release all...

19 Marras 20252min

The Saudi Visit, the Epstein Vote & Oz Pearlman the Mentalist 11/18/25

The Saudi Visit, the Epstein Vote & Oz Pearlman the Mentalist 11/18/25

Saudi Crown Prince Mohamed bin Salman visits the White House today; his first visit since the 2018 killing of journalist Jamal Khashoggi. Retired 4-star General David Petraeus describes the high stake...

18 Marras 202536min

Kevin Hassett on Tariffs & Ken Burns on The American Revolution 11/17/25

Kevin Hassett on Tariffs & Ken Burns on The American Revolution 11/17/25

President Donald Trump is rolling back tariffs on more than 200 food products, from coffee and beef to bananas and orange juice, as the White House faces rising frustration from Americans over grocery...

17 Marras 202543min

5 Things to Know Before the Opening Bell 11/17/2025

5 Things to Know Before the Opening Bell 11/17/2025

The 5 things you need to know before the stock market opens today: Berkshire Hathaway has taken a roughly $5 billion stake in Google parent Alphabet, the Financial Times is reporting that Apple is ste...

17 Marras 20251min

Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25

Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25

After Tesla shareholders approved a new pay package for CEO Elon Musk that approaches the trillion-dollar mark, investor Ron Baron weighs in on what it means for the company’s future. The billionaire ...

14 Marras 202535min

5 Things to Know Before the Opening Bell 11/14/2025

5 Things to Know Before the Opening Bell 11/14/2025

The 5 things you need to know before the stock market opens today: Homeland Security announces bonus checks for TSA officers, Boeing defense workers approve a new contract, Verizon plans more layoffs,...

14 Marras 20252min

Disney Earnings and Rising Health Costs 11/13/25

Disney Earnings and Rising Health Costs 11/13/25

Disney beat earnings expectations this quarter but missed on revenue as its TV networks and a soft theatrical slate weighed on results. CNBC’s Julia Boorstin joins with Disney CFO Hugh Johnston to bre...

13 Marras 202546min

5 Things to Know Before the Opening Bell 11/13/2025

5 Things to Know Before the Opening Bell 11/13/2025

President Trump signs a funding bill that reopens the government after the longest shutdown in history, economic data not collected during the shutdown may never be released, the Supreme Court will he...

13 Marras 20251min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-lahtijat
rss-draivi
oppimisen-psykologia
rss-porssipuhetta
rss-rahamania
rahapuhetta
taloudellinen-mielenrauha
rss-neuvottelija-sami-miettinen
rss-bisnesta-bebeja
rss-paatos-podcast-suomen-kovimmat-paatoksentekijat-2
rss-seuraava-potilas
rss-inderes
rss-40-ajatusta-aanesta
kasvun-kipuja
rss-h-asselmoilanen
rss-porssipodi