Scott Bessent & Trump’s Economy 2.0 11/06/24

President Joe Biden’s overall disapproval rating reached a new high in December as more voters signaled their unhappiness with his handling of the economy and the Covid pandemic. Harvard University’s Arthur Brooks, AEI president emeritus, contributing writer for the Atlantic, and host of “The Art of Happiness,” breaks down why Americans are feeling disappointed with the U.S. economy despite strong employment and economic metrics. Walmart and Kroger have raised the price of Abbott’s at-home Covid-19 test kit after their reduced-price agreement with the White House expired. Biden said last month that the administration plans to ship as many as 500 million free test kits to people who request them through a website — a plan experts have said will require significant scaling up. Plus, Fanatics CEO Michael Rubin discusses the company’s estimated $500 million acquisition of the Topps’ trading cards business. Rubin explains why the deal was a “win-win” for the companies and how Fanatics plans to continue with the Topps brand.In this episode:Arthur Brooks, @arthurbrooksMichael Rubin, @michaelrubinBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

5 Tammi 202235min

Theranos founder Elizabeth Holmes was found guilty on four of eleven charges in her criminal fraud trial; CNBC’s Scott Cohn breaks down the jury’s verdict and the life that now awaits Holmes. The U.S. reported a record 1 million cases of new Covid infections on Monday, according to data compiled by Johns Hopkins University. The record single-day total may be due in part to delayed reporting from over the holiday weekend. Dr. Kavita Patel, former White House health policy director and fellow at the Brookings Institution, discusses the latest numbers and testing strategies in the U.S. Plus, BlackBerry is finally retiring its iconic hardware. Once a status symbol in the C-suite, BlackBerry phones are officially a relic after the 20+ year journey from two-way pagers to BBM. In this episode:Dr. Kavita Patel, @kavitapmdScott Cohn, @ScottCohnTVBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinMike Santoli, @michaelsantoliKatie 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.

4 Tammi 202227min

Kicking off 2022, CNBC’s Meg Tirrell discusses the latest surge in Covid-19 cases, up more than 200% in the last two weeks. 2021’s issues at the airport continue in 2022, as well: over 13,000 flights were canceled in the U.S. between Christmas Eve and New Year’s Day. CNBC’s Phil LeBeau reports on the latest wave of flight cancellations and says airlines have blamed the disruptions on a combination of bad weather and omicron infections that sidelined staff. While a problem for air travel, Covid-19 seems to be less of an issue for the fitness industry; CNBC’s Diana Olick reports on investor confidence in gyms, and Planet Fitness CEO lays out his own bullish perspective for the new year. Plus, Tesla’s had a big year. The electric vehicle maker beat fourth-quarter and full-year delivery expectations, and the stock is rising to match the success. Walter Isaacson, history professor at Tulane University, advisory partner at Perella Weinberg Partners, and the author tasked with writing Elon Musk’s biography, discusses the Tesla CEO and what we can expect from him--and his projects--in 2022.In this episode:Walter Isaacson, @WalterIsaacsonChris Rondeau, @PlanetFitnessDiana Olick, @DianaOlickMeg Tirrell, @megtirrellBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinMike Santoli, @michaelsantoliKatie 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.

3 Tammi 202235min

In the final episode in Squawk Pod’s special series on the wealth and wisdom of the leaders behind Berkshire Hathaway, Warren Buffett and Charlie Munger share their combined 187 years of wisdom, both in life and in finance. The two consider history’s patterns, from fiscal stimulus to global pandemic, and offer perspective on today’s economic and social problems. Buffett and Munger discuss wealth’s impact on character, both for individuals getting rich, and America, growing ever more prosperous. Reflecting on their years together, Buffett, Munger, and Becky Quick discuss what it takes to make magic, and what living a successful life really means.Warren Buffett Archive: https://buffett.cnbc.com/warren-buffett-archive/Berkshire Hathaway Portfolio Tracker: https://www.cnbc.com/berkshire-hathaway-portfolio/Sign up for CNBC’s Warren Buffett Newsletter:https://buffett.cnbc.com/2018/08/15/warren-watch.htmlWarren Buffett on America (video clips available): https://buffett.cnbc.com/2018/07/02/buffett-on-america.htmlWarren Buffett’s not-very-active Twitter @warrenbuffettBecky Quick, @BeckyQuickKatie Kramer, @Kramer_KatieSquawk Box, @squawkcnbc Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

30 Joulu 202137min

In part three of our most popular episodes of Squawk Pod, featuring real stories behind the leadership of Berkshire Hathaway, CEO Warren Buffett and Vice Chairman Charlie Munger share lessons learned from investing through nearly 7 decades of economic history. In conversations with Becky Quick, the two share their perspective on axe murderers, “swingers,” and the costs of a free market, and the two speak candidly on the dangers of Robinhood, bitcoin, and stock market “gambles.” Buffett identifies patterns in the economy’s long road from the Great Depression, Great Recession and the Covid-19 pandemic; he warns against the investing pitfalls of markets past. Munger details his own controversial opinion of China as a global economic power, and in a conversation exclusive to this podcast, Becky Quick shares her takeaways from over a decade of conversations with the pair.Warren Buffett Archive: https://buffett.cnbc.com/warren-buffett-archive/Berkshire Hathaway Portfolio Tracker: https://www.cnbc.com/berkshire-hathaway-portfolio/Sign up for CNBC’s Warren Buffett Newsletter:https://buffett.cnbc.com/2018/08/15/warren-watch.htmlBerkshire Hathaway, Inc.: https://www.berkshirehathaway.com/Warren Buffett’s not-very-active Twitter @warrenbuffettBecky Quick, @BeckyQuickKatie Kramer, @Kramer_KatieSquawk Box, @squawkcnbc Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

29 Joulu 202134min

In part two of a series of Squawk Pod episodes - Berkshire Hathaway CEO Warren Buffett and Vice Chairman and long-time partner and friend Charlie Munger recount their humble origins at the same Nebraska grocery store, tracing their nearly 70-year-long journey through their worst trades and best influences. The two discuss Berkshire Hathaway succession plans and the links between being the bigger person and making the bigger profit in conversations with CNBC’s Becky Quick spanning the last 15 years. In reflections exclusive to this podcast, Becky Quick discusses the “Buffett-Munger magic” and the duo’s secrets to building a full life as well as a full portfolio.Warren Buffett Archive: https://buffett.cnbc.com/warren-buffett-archive/Berkshire Hathaway Portfolio Tracker: https://www.cnbc.com/berkshire-hathaway-portfolio/Sign up for CNBC’s Warren Buffett Newsletter: https://buffett.cnbc.com/2018/08/15/warren-watch.htmlHighlights of the 2021 Berkshire Hathaway Annual Meeting: https://buffett.cnbc.com/2021-berkshire-hathaway-annual-meeting/Warren Buffett’s not-very-active Twitter @warrenbuffettBecky Quick, @BeckyQuickKatie Kramer, @Kramer_KatieSquawk Box, @squawkcnbc Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

28 Joulu 202128min

In the first of a special series of Squawk Pod episodes, Warren Buffett and Charlie Munger speak with CNBC’s Becky Quick about their 60 years of friendship and their journey building Berkshire Hathaway.  In this special, refreshed episode, hear archival audio of Buffett through history: from the 1960s, the early 2000s, and pandemic-era America. Buffett and Munger recall their earliest days in the insurance business, how the two became friends, and how failure taught them lessons that they still live by, 70 years later. Plus, in a conversation exclusive to Squawk Pod, Becky reflects on 15 years of covering the wealth and wisdom of Warren Buffett on Squawk Box.Warren Buffett Archive: https://buffett.cnbc.com/warren-buffett-archive/Berkshire Hathaway Portfolio Tracker: https://www.cnbc.com/berkshire-hathaway-portfolio/Sign up for CNBC’s Warren Buffett Newsletter: https://buffett.cnbc.com/2018/08/15/warren-watch.htmlWarren Buffett’s not-very-active Twitter @warrenbuffettBecky Quick, @BeckyQuickKatie Kramer, @Kramer_KatieSquawk Box, @squawkcnbc Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

27 Joulu 202131min

As the rush for pre-holiday Covid tests continues, new studies suggest that omicron may have lower hospitalization risk than other Covid-19 variants. CNBC’s Meg Tirrell discusses the new data as well as the FDA’s approval of Pfizer’s therapeutic pill and the other oral treatments that could come in 2022. While the variant puts extra pressure on an already squeezed supply chain, Transportation Secretary Pete Buttigieg provides an update on the nation’s supply chain bottlenecks and collaboration between the Biden Administration and the private sector to keep the holiday season running smoothly. The holidays are different this year, but some traditions live on, including tracking Santa’s Christmas Eve journey around the world. U.S. Air Force Capt. Sable Brown, public affairs officer at the North American Aerospace Defense Command, discusses NORAD’s 66th year tracking Santa Claus’ journey around the globe, with a little help from Rudolph’s nose. So, pop the bubbly--if you can find it! Ray Isle, Food & Wine Magazine executive wine editor, explains why champagne may be hard to come by this holiday season. Plus, he offers a few sparkling recommendations for your liquor store trip: Segura Viudas Brut Reserva Heredad Cava ($60/Magnum), Champagne Alfred Gratien Brut Rosé ($70), and, for the festive splurge, Champagne Bollinger RD 2007 Brut ($300). Cheers!In this episode:Sec. Pete Buttigieg, @SecretaryPeteRay Isle, @islewineMeg Tirrell, @megtirrellCapt. Sable Brown, @usairforceJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

23 Joulu 202132min