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“It’s exactly like the 90s”: Blodget on Stock Speculation; Etsy Crushes Estimates

“It’s exactly like the 90s”: Blodget on Stock Speculation; Etsy Crushes Estimates

FromSquawk Pod


“It’s exactly like the 90s”: Blodget on Stock Speculation; Etsy Crushes Estimates

FromSquawk Pod

ratings:
Length:
29 minutes
Released:
Feb 26, 2021
Format:
Podcast episode

Description

GameStop shares continue to climb today, keeping alive a rally that restarted this week. In a history lesson soaked in 1990s-nostalgia, Henry Blodget, co-founder and CEO of Insider, says “the entire market is actually at an extreme level relative to all history, including 2000 and that’s because of interest rates.” Etsy blew past earnings estimates. The online retailer has been one of the big pandemic winners with shares up 300% over the past year. Etsy CEO Josh Silverman discusses the company’s quarterly results and its outlook for 2021. Plus, awaiting the newest Covid vaccine from Johnson & Johnson and the latest on the debate to increase the federal minimum wage. 
Released:
Feb 26, 2021
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.