28 min listen
Hitting Pause: Companies, Consumers, & the Markets
FromSquawk Pod
ratings:
Length:
36 minutes
Released:
Jun 25, 2020
Format:
Podcast episode
Description
New spikes in coronavirus cases around the U.S. have signaled a yellow light for companies, consumers, and the markets betting on a nationwide reopening. Dr. Scott Gottlieb, former FDA Commissioner, warns of a time gap between implementation of policy and affecting Covid-19’s spread. Steps taken now amid infection spikes, he says, will help states in a few weeks. Disney has indefinitely postponed reopening California theme parks amid the case spikes, although Florida properties are still on track for a July reopening despite employee petitions to delay. Media watcher and Lightshed Partners co-founder Rich Greenfield says Disney’s plans for Florida point to a media giant under financial pressure. Plus, markets also took a signal from the cautious road to reopening; Allianz Chief Economic Advisor Mohamed El-Erian is looking for the next anchor for the stock market.
Released:
Jun 25, 2020
Format:
Podcast episode
Titles in the series (100)
Musk vs. California; Virgin Galactic Chairman; Crypto & Covid: Virgin Galactic Chairman, Social Capital founder, Facebook alumnus, and outspoken investor Chamath Palihapitiya weighs in on Tesla and its famed founder, the Fed’s controversial moves, and roles governments and businesses should play during a pandemic. Plus, bestselling author Ben Mezrich has teamed up with The Boston Globe in his newest work, a slow-release novella available chapter by chapter throughout May. The writer behind “The Social Network,” “Bitcoin Billionaires,” and “Q,” a 2015 book about a pandemic forcing New York City into quarantine speaks to our new world of crypto-investing, streaming, and staying home. by Squawk Pod