35 min listen
A Fed-Fueled Rally, FedEx, & the Fourteenth Amendment 12/20/23
FromSquawk Pod
ratings:
Length:
45 minutes
Released:
Dec 20, 2023
Format:
Podcast episode
Description
The market rally surges on, after the Federal Reserve announced its pivot. Former Fed Governor Kevin Warsh discusses the rally and the Fed’s next move. FedEx shares tumbled after disappointing Wall Street in its second quarter report and lowering its revenue guidance; Broughton Capital’s Donald Broughton explains why this company is often considered a bellwether for macroeconomic conditions. CNBC’s Steve Liesman reveals America’s public opinion on its billionaires, and coming out on top was the ‘beloved Buffett.’ Plus, the Colorado Supreme Court has barred Donald Trump from appearing on state ballots in the 2024 Presidential election, citing the 14th amendment, and Rite Aid will shelf its facial recognition strategy after thousands of customers were wrongly targeted as shoplifters. Donald Broughton - 10:24Kevin Warsh - 17:04 In this episode:Steve Liesman, @SteveLiesmanJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuickKatie Kramer, @Kramer_Katie
Released:
Dec 20, 2023
Format:
Podcast episode
Titles in the series (100)
Goldman’s Former Head Lloyd Blankfein: Poverty & GDP Are Also Health Issues: Lloyd Blankfein, former Goldman Sachs CEO and famed risk manager, discusses reopening economies to spare Americans further economic--and possibly physical--damage, and he shares lessons learned from the last financial crisis. United States Secretary of State Mike Pompeo explains Covid diplomacy as the U.S. looks to China for help in ending the global pandemic. by Squawk Pod