Bitcoin, Junk Bonds, New Jersey’s Governor, & SPAC-ernick

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 10 February 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Strategist and pollster Frank Luntz breaks down America’s response to the “Reddit Rebellion,” and considers the collective power of the public, threatening to topple the U.S. financial system as we know it. New Jersey has vaccinated over 1 million people, and Governor Phil Murphy discusses the state’s (long) path to the end of the pandemic. Plus, Bitcoin is once again on the move after yet another celebrity tweet, junk bonds are back, and Colin Kaepernick is joining the SPAC wave.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast,
0:06.7	Bitcoin bouncing up down and all around and it all traces back to the Twitter.
0:12.6	Someone did tweet about Bitcoin and I have confirmed it, Andrew.
0:16.8	I have to see it right here.
0:18.2	What's that?
0:19.2	Who was it? Breaking down the public's response to the Robin Hood drama with Polster Frank Luns.
0:24.0	If you're making short-term profits, but people feel like they're punished in the long term,
0:28.6	that's your wake-up call this morning.
0:30.4	Pay attention.
0:31.7	Your industry is under threat.
0:34.0	And New Jersey has vaccinated 1 million people.
0:38.0	Governor Phil Murphy on getting to the end of the pandemic.
0:41.0	We are making undeniable progress.
0:43.0	Potentially good news at the end of the month from Johnson and Johnson, an iconic New Jersey
0:48.2	firm I might add.
0:49.5	If that comes online and is approved, that's a game changer for the positive. Those stories plus
0:55.4	junk bonds and Colin Spackernick. Once again we're the last to get on board for
1:02.4	the squawk. I can't say it though. I don't think we should do it.
1:05.2	Squarks back. It's Wednesday, February 10th, 2021. Squawk Pod begins right now.
1:12.2	Good morning everybody.
1:13.0	Welcome to Squack Box here on
1:15.0	see MBC. I'm Becky Quick along with Joe Kernan and Andrew Ross
	...

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