Billionaire Donors to DC, Neuralink’s Human Implant, & Fed’s-pectations 01/30/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 30 January 2024

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Federal Reserve begins its two-day meeting today, deciding whether to cut interest rates, raise them, or hold them steady. Allianz chief economic advisor Mohamed El-Erian discusses his expectations for this week’s meeting, as well as the bigger picture of the U.S. in context with the EU’s economy. Wall Street billionaires are fundraising for Presidential hopeful Nikki Haley today; Puck’s founding partner Teddy Schleifer shares his outlook on Haley’s trajectory and on the relevance of Wall Street donors in DC politics. Plus, OpenAI is working on AI safety and education guidelines for teens, Elon Musk says his Neuralink chip has been successfully implanted in a human’s brain, Tom Brady has made a “Nobull” deal, and IBM is cracking down on its work-from-home policy. Teddy Schleifer - 12:17 Mohamed El-Erian - 22:05 In this episode: Teddy Schleifer, @teddyschleifer Becky Quick, @BeckyQuick Michael Santoli, @michaelsantoli Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	This is Squack-Pod from CNBC.
0:07.0	I'm producer Cameron Costa and here's the news on today's episode.
0:11.0	The Federal Reserve beginning day one of its two-day meeting.
0:16.0	Will they cut rates, raise them, or hold steady?
0:19.0	Alyon's chief economic advisor, Mohamed Alarian, says they'll prepare to be prepared.
0:25.5	Their job is not done and they're going to maintain optionality.
0:29.3	And most importantly, I think they are not going to validate the notion that waste are coming down in March.
0:36.0	They're going to keep their options wide open.
0:39.0	And Nicky Haley, still hosting fundraisers with billionaires, but Pucks Teddy Schliefer is asking why.
0:47.0	No one that supports Nicky Haley at this point honestly thinks that she has a strong chance of being the nominee.
0:53.2	That was just ludicrous at this point.
0:55.4	Those conversations, plus Tom Brady has made a deal and Eli Musk reports success at
1:02.4	Nurlink, but first an interesting AI perspective from Microsoft CEO.
1:08.0	I love the enlightened view of copyright law, one that no longer applies.
1:12.0	It's Tuesday, January 30th. copyright law, one that no longer applies.
1:13.2	It's Tuesday, January 30th, and Squawk Pod begins right now.
1:18.3	Stand Becky by in three, two, one, queue please. Good morning everybody and welcome to Squackbox right here on
1:26.5	c.
1:27.5	We are live from the NASDAQ market site in Times Square.
1:30.3	I'm Becky Quick along with Mike Santoli.
1:32.4	Joe and Andrew are both off today.
	...

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.