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Volatility Remains, Investors Waiting for Congress to Agree on a Stimulus Bill, 3M CEO

Volatility Remains, Investors Waiting for Congress to Agree on a Stimulus Bill, 3M CEO

FromSquawk on the Street


Volatility Remains, Investors Waiting for Congress to Agree on a Stimulus Bill, 3M CEO

FromSquawk on the Street

ratings:
Length:
55 minutes
Released:
Mar 23, 2020
Format:
Podcast episode

Description

David Faber and Jim Cramer discuss the massive market swings, as stocks move between gains and losses this morning. A fiscal stimulus bill failing to pass a key procedural Senate vote Sunday as Democrats warned the measure didn't do enough to help impacted workers. The Fed taking new steps this morning, an open-ended asset purchase program, which the central bank will run in the "amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy." Plus, the CEO of 3M, Mike Roman as his company steps up its efforts to produce those respiratory masks.
Released:
Mar 23, 2020
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.