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SQUAWK BOX, WEDNESDAY 7TH OCTOBER, 2020
SQUAWK BOX, WEDNESDAY 7TH OCTOBER, 2020
ratings:
Length:
28 minutes
Released:
Oct 7, 2020
Format:
Podcast episode
Description
President Trump cancels stimulus talks until after the election, triggering a Wall Street sell-off. Bridgewater founder Ray Dalio tells CNBC that the move could be damaging to the U.S. economy. Instead, Trump urges lawmakers to focus on passing Judge Amy Coney Barrett’s Supreme Court nomination. He also vows to take part in next week’s presidential debate, but Democrat rival Joe Biden voices concerns the President could still be contagious following his Covid-19 hospitalisation. We hear from IMF Managing Director Kristalina Georgieva who says the global GDP outlook will be upgraded but warns of a difficult recovery ahead. And in energy news, crude prices are hit by U.S. virus stimulus talks stalling while supply is threatened by an extended offshore workers’ strike in Norway and the potential shutdown of Gulf of Mexico platforms ahead of Hurricane Delta. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 7, 2020
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 20TH MARCH, 2019 by Squawk Box Europe Express