A Restaurateur in Crisis and Hedge Fund Titan Ray Dalio
“I don’t want people to mass panic, I want people to think.” Ray Dalio, founder of Bridgewater, the largest hedge fund in the world, considers the market downturn and what’s needed from investors and the Federal Reserve to relieve economic anxiety. Cameron Mitchell, founder and CEO of Cameron Mitchell Restaurants, has closed each of his restaurants in over a dozen states and cut his staff from 4000+ to a mere six. He considers the wide impact of pandemic-prompted shutdowns across the service industry. CEO of Boston Consulting Group Rich Lesser has been speaking with other CEOs around the world; he maps out the long term costs of business slowdown. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
19 Mars 202044min
Mark Cuban: No Buybacks; Bailing Out Boeing; Staying Safe
“What can we do to make sure that everybody lands on their feet?" Entrepreneur, investor, and Mavericks owner Mark Cuban contemplates the responsibility of billionaires, corporations, and governments to ensure financial and physical wellbeing for everyone. Former FDA Commissioner Dr. Scott Gottlieb considers best practices to curb the spread of coronavirus as the pandemic wages on. Airlines are seeking over $50B in government assistance as travel plans grind to a near-halt. Aerospace analyst Seth Kaplan compares a potential 2020 bailout with the airline bailout after 9/11. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
18 Mars 202030min
Reddit Founder: Stay Home! and Regeneron’s Possible Coronavirus Breakthrough
Stay home! Reddit and Initialized Capital co-founder Alexis Ohanian bought a billboard in Times Square in the hopes “the crossroads of the world” is empty during the coronavirus scare. He explains why he’s staying home. Regeneron aims to have COVID-19 antibody treatment ready for human treatment by early summer, reports CNBC’s Meg Tirrell. The New York Times Foreign Affairs columnist Tom Freidman advises cool heads when understanding the exponential factor of public health and Dr. Michael Osterholm, Director of the University of Minnesota Center for Infectious Disease Research and Policy says we may have many more months of social isolation ahead. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
17 Mars 202032min
Pandemic “Peak,” Faster Testing, Uber’s Lost Rides
As global fears of the spread of coronavirus mount, the Federal Reserve slashes rates to stave off a recession, we get analysis from CNBC's senior economics reporter, Steve Liesman. Former FDA Commissioner Dr. Scott Gottlieb says he believes the coronavirus will peak in the U.S. from around late April to early May. Swiss drugmaker Roche has the first commercially available diagnostic test to treat COVID-19 that can deliver results in just over three hours, we hear from CEO Severin Schwan and how he is addressing demand. Plus, Uber’s CFO Nelson Chai discusses a series of measures aimed at mitigating the effect of Coronavirus on its workers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
16 Mars 202025min
Special Episode: Life in China During an Outbreak
CNBC Beijing Bureau Chief Eunice Yoon shares details of living and reporting during a pandemic in a conversation exclusive to Squawk Pod. Cleveland Clinic is developing a test for COVID-19 that delivers results in eight hours, instead of multiple days. CEO of Cleveland Clinic Dr. Tomislav Mihaljevic explains testing capabilities at this stage in the pandemic and urges patients who feel ill to call healthcare facilities ahead of their visits. Plus, a bear market has begun. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
13 Mars 202036min
A Pandemic, A Passenger, & A Market Plunge
The WHO has declared the coronavirus outbreak a pandemic, and Pulitzer Prize-winning columnist Tom Friedman says the U.S. needs a “World War II-level response.” Former FDA Chief Dr. Scott Gottlieb warns that the United States has been too slow to roll out broad virus testing. A passenger on a JetBlue flight tested positive for coronavirus; another passenger on that plane explains the airline’s response and his efforts to keep his family safe. The global pandemic continues to rock the economy, sending stocks into a bear market. Allianz Chief Economic Advisor Mohamed El-Erian expects more volatility--and a deeper drop--still to come. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
12 Mars 202043min
Coronavirus Cancel Culture; Fact, Fiction, & Financial Fallout
China’s businesses are starting to reopen, but Eurasia Group President Ian Bremmer says China’s economy could be worse off than the government is letting on. Richard Attias is the events coordinator behind the Davos World Economic Forum; as the coronavirus outbreak prompts event cancellations around the globe, Attias explains how digital meetings aren’t the ideal solution. Plus, Tesla CEO Elon Musk is looking for a new gigafactory, and it could be coming to a city near you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
11 Mars 202029min
March Market Madness; Ariel Investments; Saudi Oil Output
Coronavirus fears have shaken the global markets; the New York Stock Exchange even tripped a “circuit breaker” designed to halt trading and give investors a few minutes of perspective. Virtus Investment Partners’ Joe Terranova weighs in on market volatility and President Trump’s planned stimulus package. Volatility has also shaken Robinhood, the millennial-favored trading platform. Ariel Investments Chairman John Rogers has 37 years of experience investing through crises, and he’s thinking long term through this market roller coaster. Plus, RBC’s Helima Croft is fresh off a trip to Riyadh with her insights on the Saudi-Russian oil price war that has sent crude prices to multi year lows. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
10 Mars 202034min
