Market Déjà Vu; Facebook’s Election Ads; A Lesson for “Robinhoodies”
Squawk Pod3 Sep 2020

Market Déjà Vu; Facebook’s Election Ads; A Lesson for “Robinhoodies”

Markets are partying like it’s 1999, or at least, some investors think so. GAMCO CIO and seasoned investor Howard Ward underlines the differences between today’s market environment and that of the dotcom bubble nearly twenty years ago. Viral trading app Robinhood is under investigation by the SEC; former SEC Chairman Harvey Pitt warns millennials about the costs of an execution service that’s marketed as free. Mark Zuckerberg has announced that Facebook is rolling out new policies ahead of the November election, including prohibiting new political ads the week of the election. The platform will also remove posts using Covid-19 to discourage voting and flag premature victory posts. CNBC’s Jon Fortt discusses why this could be a smart move for social media. Plus, schools are ironing out Covid testing plans, and a Manpower Group survey says both employees and employers are looking forward to a hybrid workplace in 2021.


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Episoder(1867)

Amazon Warehouse Safety; Wartime Production Laws in a Health Crisis; Mortgages in a Pandemic

Amazon Warehouse Safety; Wartime Production Laws in a Health Crisis; Mortgages in a Pandemic

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Anheuser Busch InBev’s Hand Sanitizer; Burger King’s Safety Measures; Food Insecurity with Russell Wilson

Anheuser Busch InBev’s Hand Sanitizer; Burger King’s Safety Measures; Food Insecurity with Russell Wilson

“We are in a John F. Kennedy moment.” Wheels Up CEO Kenny Dichter has taken his private jet company into “Meals Up” mode. Inspired by NFL Seahawks quarterback Russell Wilson and singer/songwriter Ciar...

31 Mar 202029min

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“This is a bit of a moonshot for J&J.” Chairman and CEO of Johnson & Johnson Alex Gorsky discusses its experimental vaccine for COVID-19 that will begin clinical trials by September, and could be avai...

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Dr. Atul Gawande: We need a national shelter-in-place

Surgeon, author, and CEO of Haven, the joint health care venture between JPMorgan, Amazon, and Berkshire Hathaway, Dr. Atul Gawande shares what U.S. systems need while under pandemic-induced duress. P...

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Paul Tudor Jones: We’re going to kick this bug’s ass

Paul Tudor Jones: We’re going to kick this bug’s ass

"America can beat this thing. Humanity can beat this thing.” Hedge fund titan and philanthropist Paul Tudor Jones says investors can take heart in the United States’ fiscal “nuclear bomb.” Jones was t...

26 Mar 202028min

Ben Bernanke: This is closer to a snowstorm than the Depression

Ben Bernanke: This is closer to a snowstorm than the Depression

“It is important before we put everybody back to work that we feel like we have the public health situation under control.” Former Federal Reserve Chairman Ben Bernanke led the Fed during the 2008 fin...

25 Mar 202028min

Boeing CEO on Airline Bailouts; Covid-19 Test Ramp Up

Boeing CEO on Airline Bailouts; Covid-19 Test Ramp Up

“If there is no government support…we can still find our way to the other side. But if it goes on for 8 months, probably not.” Boeing CEO Dave Calhoun considers the future of his company with and with...

24 Mar 202028min

Hedge Funder: Shut the markets down

Hedge Funder: Shut the markets down

Hedge fund manager Kyle Bass is calling for the U.S. markets to be shut down completely as coronavirus cases continue to grow worldwide. Allianz Chief Economic Advisor Mohamed El-Erian envisions a lon...

23 Mar 202022min

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