Boris Johnson Resigns; Luxury Art Market Soars 7/7/22
Squawk Pod7 Jul 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.

Episoder(1886)

September 27, 2019: Peloton’s Rough Ride; A Millionaires’ Tax; DraftKings CEO

September 27, 2019: Peloton’s Rough Ride; A Millionaires’ Tax; DraftKings CEO

Joe Kernen, Becky Quick and Joe Terranova break down the bumpy road for Peloton’s first day of trading, and whether it’s the beginning of the end for the IPO rush. Also, debating the proposed high-inc...

27 Sep 201929min

September 18, 2019: Billionaire Ken Langone, BlackRock’s Kate Moore, Documentarian Ken Burns

September 18, 2019: Billionaire Ken Langone, BlackRock’s Kate Moore, Documentarian Ken Burns

BlackRock’s Head of Thematic Strategy Kate Moore untangles the Federal Reserve’s interest rate strategy. Billionaire, Home Depot co-founder, and philanthropist Ken Langone responds to tax proposals fr...

26 Sep 201931min

September 26, 2019: Former EY CEO Mark Weinberger, Republican Sen. Tom Cotton (R-AR), and Peloton CEO & Co-founder John Foley

September 26, 2019: Former EY CEO Mark Weinberger, Republican Sen. Tom Cotton (R-AR), and Peloton CEO & Co-founder John Foley

Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down the political headlines with CNBC’s Washington Correspondent Eamon Javers. Mark Weinberger, a board member of the Business Roundtable, reveal...

26 Sep 201933min

September 19, 2019: A special podcast from the Delivering Alpha Summit, presented by CNBC and Institutional Investor

September 19, 2019: A special podcast from the Delivering Alpha Summit, presented by CNBC and Institutional Investor

Longtime tech investor and Delivering Alpha speaker Glen Kacher is watching tech infiltrate every sector of the economy, and he predicts that the IPO market will lose steam. Steve Bannon, former White...

25 Sep 201928min

September 25, 2019: WeWork’s Wild Ride; Dr. Scott Gottlieb; Ken Feinberg; Anheuser-Busch InBev CEO Carlos Brito and Water.org’s Gary White

September 25, 2019: WeWork’s Wild Ride; Dr. Scott Gottlieb; Ken Feinberg; Anheuser-Busch InBev CEO Carlos Brito and Water.org’s Gary White

Former FDA Commissioner Scott Gottlieb responds to news that the CEO of Juul is stepping down amid growing health concerns about vaping. Boeing has launched a $50 million financial assistance fund for...

25 Sep 201934min

Introducing Squawk Pod

Introducing Squawk Pod

The most powerful show in business news as a podcast.  It’s all the things that Squawk Box’s TV viewers have come to expect on a daily basis – plus behind-the-scenes content from the production team –...

23 Sep 20192min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
finansredaksjonen
utbytte
pengesnakk
livet-pa-veien-med-jan-erik-larssen
tid-er-penger-en-podcast-med-peter-warren
stormkast-med-valebrokk-stordalen
rss-sunn-okonomi
morgenkaffen-med-finansavisen
okonomiamatorene
lederpodden
rss-markedspuls-2
flypodden
rss-trygg-av-natur