39 min listen
24-Hour Trades with Robinhood CEO & the Art Market’s $2B Week 5/11/23
FromSquawk Pod
ratings:
Length:
23 minutes
Released:
May 11, 2023
Format:
Podcast episode
Description
Robinhood has announced 24-hour trading on some stocks and ETFs on weekdays, becoming the first brokerage to offer customers the feature. CEO Vlad Tenev discusses the evolution of the trading “day,” as well as the volume of retail traders and money inflows, amid economic volatility. CPI and PPI data this week have indicated that inflation might be slowing down–finally. Richmond Federal Reserve President Tom Barkin is unconvinced, however; he maintains that inflation is still moving too slowly toward the Fed’s 2% target. Treasury Secretary Janet Yellen is warning CEOs and politicians about the risk of America defaulting on its debt. Plus CNBC’s Robert Frank reports on the $2B worth of art going on sale at auction this week. In this episode:Vlad Tenev, @vladtenevRobert Frank, @robtfrankJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY
Released:
May 11, 2023
Format:
Podcast episode
Titles in the series (100)
Kara Swisher on Elon Musk: He’s not bluffing: “I don’t love to compare him to Trump but these techniques…are not dissimilar.” Pivot podcast co-host and Silicon Valley journalist Kara Swisher talks Tesla and says Elon Musk is not bluffing in his threat to relocate his California manufacturing. Musk may be eager to reopen economies and get back to business, but Director of the NIAID Dr. Anthony Fauci is warning the U.S. about the dangers of reopening state economies too soon. Senator Rob Portman (R-OH) discusses his state’s gradual reopening and the House Democrats’ $3T pandemic relief proposal. Plus, CEO of direct-to-consumer online shoe retailer M.Gemi explains how his company is ramping business back up as Italy’s economy reopens and America’s remains largely closed. by Squawk Pod