Disrupting Generational Poverty, Stan Druckenmiller, & Market “Mania”
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 9 September 2020
⏱️ 38 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | This is |
| 0:05.0 | a market sell-off that leads to more volatility. |
| 0:08.0 | This whole thing has been so head-scratching from, |
| 0:11.0 | I mean for the past two or three months, it's been head scratching. |
| 0:13.6 | Leaving investors after Big Tech's trillion dollar loss, wondering what to do. |
| 0:18.1 | Geez, Louise, I got to do something here because I'm not doing enough. |
| 0:22.2 | Celebrating Harlem Children's Zone and nonprofit breaking the cycle of generational poverty |
| 0:26.8 | with founder Jeffrey Canada. |
| 0:28.2 | If you truly believe Black Lives Matter, let's really get serious about making investments in children and |
| 0:35.2 | families that we know we have evidence is going to work. |
| 0:38.4 | And Canada's co-founder and fellow philanthropist, |
| 0:41.0 | legendary investor Stan Drucken Miller on his best |
| 0:43.6 | investment to date and the markets right now. The merging of the Fed and the |
| 0:48.0 | Treasury which is effectively what's happening during COVID sets the precedent that while we've never seen since the Fed got their |
| 0:56.1 | independence and it's obviously creating a massive massive raging mania in |
| 1:02.1 | financial assets. |
| 1:03.8 | Those stories, the pause at AstraZeneca's vaccine trial, |
| 1:07.3 | and Happy Hour at the Kearns. |
| 1:09.4 | I just want to give a plug to something that's the greatest invention in recent history and |
| 1:15.2 | that is this spiked shelter. |
| 1:17.3 | I am the NBC producer Katie Kramer it's Wednesday September 9th 2020 |
| 1:21.5 | Squawk Pod begins right now. |
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