37 min listen
Starwood Capital’s Barry Sternlicht: Buybacks, Job Cuts, Rate Hikes, & ‘Rich-cession’ 01/26/23
FromSquawk Pod
Starwood Capital’s Barry Sternlicht: Buybacks, Job Cuts, Rate Hikes, & ‘Rich-cession’ 01/26/23
FromSquawk Pod
ratings:
Length:
33 minutes
Released:
Jan 26, 2023
Format:
Podcast episode
Description
In an extended interview, Starwood Capital Chairman and CEO Barry Sternlicht offers his outlook on a recession timeline, the Fed’s rate raising playbook, and the U.S. labor market. A real estate and investing mogul, Sternlicht explains what the housing market reveals about America’s economic health. Tesla reported record revenue for the fourth quarter; CNBC’s Phil Lebeau reports the results and shares the highlights from Elon Musk’s comments on the earnings call. Plus, IBM is making job cuts, Chevron is making a big stock buyback, and Donald Trump is back on social media. In this episode Phil Lebeau, @LebeaucarnewsBecky Quick @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Jan 26, 2023
Format:
Podcast episode
Titles in the series (100)
Paul Tudor Jones: America’s Love of Freedom, Its Greatest Strength & Greatest Weakness: Hedge fund titan and Robin Hood founder Paul Tudor Jones weighs in on the markets, the American spirit, and charity amid the pandemic. Tonight’s Robin Hood Foundation Annual Benefit will be hosted virtually by Tina Fey. Dr. Scott Gottlieb explains the recently approved antigen test that identifies asymptomatic Covid carriers. PayPal CEO Dan Schulman shares how his platform is monitoring and accommodating shifting consumer behavior during the pandemic. Plus, Elon Musk’s busy weekend: filing a lawsuit against a California county and celebrating his partner Grimes’ first Mother’s Day with X Æ A-12. by Squawk Pod