A Pricier House of Mouse & Inflation Translations 8/11/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 11 August 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Disney is raking in streaming subscribers, but it’s still hiking the price for Disney+. Gas prices may be on the decline, but inflation is still front and center for the Federal Reserve and Wall Street investors; CNBC’s Steve Liesman breaks down the market’s reaction to the latest inflation data, and political strategist and pollster Frank Luntz offers a rhetorical analysis for President Biden’s comments on inflation to the American people. Then, we zoom out: Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge paints the big economic picture of inflation, both stateside and abroad, and considers the paths forward for the Fed. In this episode: Mohamed El-Erian @elerianm Frank Luntz, @FrankLuntz Steve Liesman, @SteveLiesman Andrew Ross Sorkin: @andrewrsorkin Melissa Lee: @MelissaLeeCNBC Katie Kramer: @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer and this is Squawk Pod.
0:08.0	The House of Mouse is raising prices and stocking up on streamers.
0:13.0	If you combine Disney Plus, E-SPN Plus, and Hulu,
0:17.8	Disney now has 221 million streaming subscribers.
0:20.7	Hanging on to those subs, like our own Andrew Ross Sorkin and Melissa Lee.
0:25.0	20 bucks a month is Netflix?
0:27.0	Really?
0:28.0	That's what I'm paying? Good news on gas, prices at the pump below a key psychological level.
0:33.0	But don't forget the big picture of, yeah, inflation,
0:36.4	economist Mohammed Alarian.
0:38.1	That's why you're going to get one fed speaker
0:40.2	after the other reminding us that the battle against inflation is not over in any sense.
0:46.2	And it is the essentials that are too pricey for most, Polster Frank Luns on the emotional cost.
0:52.0	More than 70% of Americans. poster Frank Luntz on the emotional cost.
0:52.6	More than 70% of Americans have trouble making ends meet.
0:57.7	One out of four literally have trouble paying their bills
1:00.8	because of inflation.
1:02.8	It's Thursday, August 11, 2022, Squack Pod begins right now.
1:08.0	Stand to enter by and three, two, one,
1:11.0	Qander.
1:12.2	Good morning and welcome back to Squackbox right here on C and B.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.