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Squawk Pod

Davos 2026: David Beckham & Brian Moynihan 1/20/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 20 January 2026

⏱️ 13 minutes

🧾️ Download transcript

Summary

Stocks tumble after President Trump’s push to acquire Greenland fuels fear of a global trade war. Bank of America CEO Brian Moynihan breaks down the market reaction, the state of the U.S. economy, and the impact of rising tariff threats. Plus, legendary athlete and Inter Miami CF president and co-owner Sir David Beckham joins Moynihan to discuss the bank’s global sports strategy as sports, branding, and business collide. Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0

Would you put this on par with what we heard last April with the tariffs?

0:08.0

No, no.

0:09.0

That was a bigger shock to the system.

0:11.0

Bank of America CEO Brian Moynihan weighs in on a market sell-off, tariffs, and geopolitics

0:18.0

at the World Economic Forum in Davos, Switzerland.

0:22.3

And he's there with the rest of the world's elite.

0:25.6

Let the people go to work.

0:26.8

They're here in this beautiful place, and they've got a week to a few days to work on it.

0:30.6

So give them 48 hours and see if they can come up with a solution.

0:33.1

Plus, Sir David Beckham, soccer, legend, and owner of Inter Miami, home of Leonel Messi.

0:40.3

What we've achieved in Miami is building a club, a franchise, an environment, a community that has really surpassed any dreams that I could have ever wished to have done.

0:52.3

The global business of sports, building teams on and off the soccer pitch.

0:58.0

I think it's a big moment, you know, for me to partner with Bank of America and obviously be part of Brian's team is something that I'm very proud of.

1:06.0

I'm CNBC producer Cameron Costa.

1:09.0

Squawk Pod reports from the 2026 World Economic Forum in Davos, Switzerland begins right now.

1:21.7

It is mid-January.

1:26.3

So, of course, once again, our squawk box trio, Becky Quick,

1:31.2

Joe Kernan, and Andrew Ross Sorkin packed their bags and their winter gear for the World

1:36.9

Economic Forum in Davos, Switzerland. The event is a marathon of sorts. For a few days, leaders in government, finance, technology, academia, and philanthropy all

1:49.4

descend upon this snowy alpine town to rub shoulders and to exchange ideas about how our

1:57.6

world is working and where business and politics go next.

2:05.6

Attendees this year include U.S. leaders like President Donald Trump, who's come before,

...

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