25 min listen
SQUAWK BOX, THURSDAY 20TH JANUARY, 2021
SQUAWK BOX, THURSDAY 20TH JANUARY, 2021
ratings:
Length:
26 minutes
Released:
Jan 20, 2022
Format:
Podcast episode
Description
Higher treasury yields continue to pile pressure onto U.S. equities with tech stocks suffering in particular. The Nasdaq enters correction territory but BofA CEO Bran Moynihan tells CNBC the prospect of rate hikes signals that the worst of the pandemic effects on the economy are largely behind us. In a bid to prop up a slowing Chinese economy, the PBOC slashes a key lending rate for the first time in two years, sending Asian markets higher. Meanwhile, UK Prime Minister Boris Johnson has once again faced calls for his resignation over Covid rule-breaking allegations as well as a defection from his own party to Labour. In geo-political news, President Biden warns Russia of disastrous consequences should Moscow decide to invade Ukraine. This as, the EU foreign service head tells CNBC exclusively that the bloc should brace for conflict.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 20, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, WEDNESDAY 27TH MARCH, 2019 by Squawk Box Europe Express