Hot Takes from Charlie Munger, Hot PPI Data from Labor, & a Hot Debt Warning from the CBO 2/16/23
Squawk Pod16 Feb 2023

Hot Takes from Charlie Munger, Hot PPI Data from Labor, & a Hot Debt Warning from the CBO 2/16/23

Berkshire Hathaway Vice Chairman Charlie Munger, a shareholder and board member of the Daily Journal Corporation, spoke at this year’s virtual Daily Journal Annual Meeting. Becky Quick delivers the highlights from that meeting, where Munger addressed A.I., his favorite stocks of all time, Elon Musk’s Twitter takeover, and what he calls “crypto crap-o.” The Labor Department reported a producer price index hotter than economists expected, raising questions about the longevity of inflation in the U.S. CNBC’s Rick Santelli and Steve Liesman discuss what the most recent inflation data means for the Fed’s fight against inflation. The Congressional Budget Office has warned that the U.S. the Treasury Department can only sustain its extraordinary measures to prevent a debt default for five to eight more months. The CBO also raised its projection of national debt over the next decade. Phillip Swagel, the director of The Nonpartisan Congressional Budget Office, discusses the deficit and default warnings, the contentious Congressional debt ceiling fight, and rising interest payments challenging the U.S. budget window. Plus, more leadership changes are coming for the Federal Reserve, Wall Street Bets founder is suing Reddit, and a growing population of wealthy Chinese are relocating out of China, as economic concerns rise in the mainland.

In this episode:
Rick Santelli, @RickSantelli
Steve Liesman, @steveliesman
Robert Frank, @robtfrank
Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk
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.

Episoder(1921)

The House Votes: Impeachment & USMCA; Star Wars

The House Votes: Impeachment & USMCA; Star Wars

The House has voted to impeach President Donald J. Trump. CNBC Contributor Steve Grasso, QMA’s Ed Campbell, and Needham’s Chris Retzler discuss if and when the markets will react with Becky and Andrew...

19 Des 201935min

Teflon Tesla; Impeachment Ad Blitz

Teflon Tesla; Impeachment Ad Blitz

Mayor Pete Buttigieg is facing criticism for his (incomplete) donor list, Eli Lilly is facing criticism from Elizabeth Warren on the company’s insulin pricing, and WeWork has landed another lifeline. ...

18 Des 201930min

Boeing’s Production Halt; Bad Apps; Impeachment Economics

Boeing’s Production Halt; Bad Apps; Impeachment Economics

Boeing announced it is suspending production of the 737 Max Jetliner in January. CNBC reporter Phil LeBeau, crisis management expert Eric Dezenhall and Allied Pilots Association’s Dennis Tajer talks r...

17 Des 201935min

Space Race with Neil deGrasse Tyson; Boeing Board’s Debate; 1998 Amazon Throwback

Space Race with Neil deGrasse Tyson; Boeing Board’s Debate; 1998 Amazon Throwback

Squawk Pod heads to space! Astrophysicist Neil deGrasse Tyson says there are plenty of opportunities beyond Earth, and NASA’s just the tip of the meteor. Allianz Chief Economic Adviser Mohamed El-Eria...

16 Des 201930min

Boris Johnson’s Big Win; Steve Bannon; Nancy Pelosi’s Pricing Plan

Boris Johnson’s Big Win; Steve Bannon; Nancy Pelosi’s Pricing Plan

A decisive win for the Conservative Party in the U.K. means Brexit is coming. “No ifs, no buts, no maybes.” A phase one trade deal has been reached, but China Beige Book International’s Leland Miller ...

13 Des 201938min

Survivor Streaming; WeWork or WeFraud; Noms de Plume

Survivor Streaming; WeWork or WeFraud; Noms de Plume

Saudi Aramco’s stock surged on its second day of trading and a senior trade advisor is adding to the tariffs debate under a not-so-secret nom de plume. The banker behind the biggest media deals of the...

12 Des 201926min

World’s Biggest IPO; Smoking Pot Stocks; Head of the FAA

World’s Biggest IPO; Smoking Pot Stocks; Head of the FAA

The head of the Federal Aviation Administration speaks to Congress today in the wake of the Boeing 737 Max tragedies this past year. Before his testimony, Steve Dickson shares his strategy for flight ...

11 Des 201929min

SurveyMonkey CEO; Warby Parker Co-CEO; Google’s Play for Death (Cures)

SurveyMonkey CEO; Warby Parker Co-CEO; Google’s Play for Death (Cures)

A former Boeing employee speaks out on the red flags he raised before the two deadly 737 Max crashes. Google’s parent company Alphabet has brought on a new board member who might be able to help the c...

10 Des 201931min

Populært innen Business og økonomi

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