Sell-Off Calls: a Rate Cut, a “Growth Scare,” & Buffett’s Slash 08/05/24
Squawk Pod5 Aug 2024

Sell-Off Calls: a Rate Cut, a “Growth Scare,” & Buffett’s Slash 08/05/24

U.S. stocks take a significant hit, mirroring a worldwide market downturn driven by fears of an impending U.S. recession. Part of the global market sell-off, Japan's Nikkei 225 experienced a dramatic plunge, marking its steepest drop since 1987. Tom Lee, managing partner and head of research at Fundstrat Global Advisors, offers insights into the latest market moves and the broader implications of the sell-off on the Federal Reserve’s interest rate decisions. Then, Jeremy Siegel, professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business and chief economist at Wisdom Tree, is calling for emergency rate cuts from the Fed. And Axios co-founder Mike Allen gives an analysis of the 2024 election and the potential impact of Vice President Kamala Harris’ upcoming vice-presidential pick. Plus, Warren Buffett dropped over 49% of Berkshire Hathaway’s stake in Apple.

Tom Lee - 12:15

Jeremy Siegel - 23:14

Mike Allen - 35:27

Tom Lee, @fundstrat

Mike Allen, @mikeallen

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin,@andrewrsorkin

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(1874)

NYC Mayor Mamdani & $120 Million for Animal Health 1/28/26

NYC Mayor Mamdani & $120 Million for Animal Health 1/28/26

New York’s new Mayor Zohran Mamdani sits down with Andrew Ross Sorkin for a conversation about taxing the wealthy, preparing for ICE agents in New York, and managing the city’s deficit. Becky Quick si...

28 Jan 42min

5 Things to Know Before the Opening Bell 1/28/2026

5 Things to Know Before the Opening Bell 1/28/2026

The 5 things to know before the stock market opens today: the Federal Reserve will announce its latest interest rate decision today, Elevance Health stock fell after a Trump administration proposal on...

28 Jan 1min

Corporate Responses to Minneapolis 1/27/26

Corporate Responses to Minneapolis 1/27/26

New York City Mayor Zohran Mamdani faces his first major test as a massive snowstorm hits the city. Partnership for New York City President and CEO Steven Fulop, in his first TV interview since taking...

27 Jan 26min

Minneapolis: Officer Training, DHS Funding, & the American Brand 1/26/26

Minneapolis: Officer Training, DHS Funding, & the American Brand 1/26/26

After an ICE officer shot and killed another U.S. citizen in Minneapolis, CEOs of Minnesota-based companies have urged for calm as tensions rise. CNBC’s Eamon Javers reports on the federal, local, and...

26 Jan 48min

Davos 2026: Binance Founder CZ 1/25/26

Davos 2026: Binance Founder CZ 1/25/26

After serving 4 months in prison and receiving a pardon from President Trump, Binance founder and former CEO Changpeng “CZ” Zhao sits down with Andrew Ross Sorkin at the World Economic Forum in Davos....

25 Jan 21min

Davos 2026: Google DeepMind CEO Demis Hassabis 1/24/26

Davos 2026: Google DeepMind CEO Demis Hassabis 1/24/26

AI is front and center in Davos this year, as world leaders and tech executives debate how quickly the technology is reshaping the economy and workforce. Demis Hassabis, co-founder and CEO of Google D...

24 Jan 15min

Davos 2026: Goldman Sachs CEO David Solomon 1/23/26

Davos 2026: Goldman Sachs CEO David Solomon 1/23/26

Goldman Sachs chairman and CEO David Solomon joins Joe Kernen, Becky Quick, and Andrew Ross Sorkin in Davos at the World Economic Forum. He responds to President Trump’s framework of a deal for Greenl...

23 Jan 14min

Davos 2026: Meta Chief Global Affairs Officer Joel Kaplan 1/23/26

Davos 2026: Meta Chief Global Affairs Officer Joel Kaplan 1/23/26

Joel Kaplan, Meta’s chief global affairs officer, discusses the company’s $600 billion push into AI infrastructure and U.S. jobs from the World Economic Forum in Davos. He outlines Meta’s superintelli...

23 Jan 9min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
finansredaksjonen
utbytte
pengesnakk
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
morgenkaffen-med-finansavisen
lydartikler-fra-aftenposten
tid-er-penger-en-podcast-med-peter-warren
okonomiamatorene
lederpodden
rss-markedspuls-2
rss-investering-gjort-enkelt
flypodden
shifter
rss-fa-makro