44 min listen
Inside the Sell-Off; Neel Kashkari; Alexis Ohanian 05/09/22
FromSquawk Pod
ratings:
Length:
41 minutes
Released:
May 9, 2022
Format:
Podcast episode
Description
The S&P 500 is at a fresh 52-week low as the market sell-off continues. Minneapolis Federal Reserve President Neel Kashkari says he’s confident inflation will come back to normal - though it’s taking longer than he expected. His comments come less than a week after the FOMC raised benchmark rates by half a percentage point. The 50-basis-point hike was the largest increase in 22 years and sets the stage for a series of similar-sized moves in the months ahead. Alexis Ohanian, Reddit co-founder and Seven Seven Six founder, breaks down opportunities in the public and private tech sector. Plus, Uber plans to slash spending on marketing and incentives and Dr. Strange ushers in the Summer box office season.In this episode:Neel Kashkari, @neelkashkari@MinneapolisFedAlexis Ohanian, @alexisohanianAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese
Released:
May 9, 2022
Format:
Podcast episode
Titles in the series (100)
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