Billionaire Leon Cooperman’s Bets & the DoJ Sues Visa 09/25/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 25 September 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Department of Justice is suing Visa, Boeing workers on strike have overwhelmingly opposed the company’s latest offer, and a federal judge has ruled in favor of food delivery companies like DoorDash. Billionaire investor Leon Cooperman is betting on equities. The legendary Wall Street veteran weighs in on the markets and the upcoming election, arguing both candidates’ economic plans are disappointing. Plus, as world leaders gather at the U.N. General Assembly in New York, former congressman and current head of defense at Palantir Mike Gallagher discusses President Biden’s address and Iran’s role in the Israel-Hamas war. Leon Cooperman - 16:24 Mike Gallagher - 26:57 In this episode: Mike Gallagher, @RepGallagher Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Klaire Odumody, @klairemarie

Transcript

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0:00.0	Bring in show music please.
0:03.0	I'm C and B.C. producer Claire Odomodi today on Squag Pod.
0:09.0	Legendary investor Leon Cooperman on the markets.
0:12.8	I think stocks are the best place to be.
0:15.0	I would avoid bonds.
0:16.4	And what he thinks investors are looking for in the 2024 presidential election.
0:21.2	We have two candidates running for office.
0:23.0	Neither one it talks about a deficit or the build-up of debt.
0:27.0	And the world descends on New York for the United Nations General Assembly.
0:32.0	Defense Tech Company, Palantiers Mike Gallagher
0:34.5	on President Biden's final UN address
0:37.0	and hotspots around the world.
0:38.9	I would like to propose a new theory of international relations,
0:41.8	which is called winning. You have to win the war in order to impose the terms of the peace.
0:47.0	Plus, Visa sued over high fees, Boeing's best and final, and Staying Power of the Classics.
0:55.0	You want a quick boomer update?
0:56.7	Yeah, we turn to you for that.
0:57.7	That's why I'm here.
1:00.0	It's Wednesday, September 25, 2024.
1:03.3	Squawk Pod begins right now.
1:05.9	Stand Becky by in three, two, one, Q, please.
1:11.2	Good morning everybody, and welcome to Squawkbots right here on
	...

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