Domino’s Fresh Deliveries, Etsy’s Supply Chain, & The Fed, Starting the Stop

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 4 November 2021

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Etsy CEO Josh Silverman discusses the holiday supply chain, competition with Amazon, and strategic ad spend for small businesses on his platform. Domino’s CEO Ritch Allison discusses the post-pandemic appetite for pizza, and whether drones are ready to replace your delivery guy. The Fed is ready to start winding down its emergency economic measures, paid parental leave is back in the Democrats’ social spending package, and former world chess champion Garry Kasparov says Facebook’s decision to abandon its facial recognition AI was a mistake. In this episode: Josh Silverman, @etsy Ritch Allison, @dominos Ylan Mui, @ylanmui Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squack Pod. I'm C and D.C. producer Cameron Costa.
0:08.0	Today on our podcast, it's here. Maybe the Fed will start winding down its emergency pandemic measures.
0:17.0	You're calling it starting to stop buying, which is like a double negative.
0:21.0	The starting of the stopping.
0:22.0	But we're not stopping our show. is like a double negative. The starting of the stopping.
0:23.0	But we're not stopping our shopping.
0:25.8	Etsy CEO Josh Silverman has big plans
0:28.6	for his holiday season.
0:30.1	People had to turn toI over the past year.
0:33.2	They are choosing to come back even more as we move forward.
0:37.6	And we're heating up a delivery story.
0:40.2	Domino's CEO Rich Allison says Pizza is not just for the pandemic.
0:45.6	We've had a proven track record as a brand of growing in prosperous times,
0:50.4	not so prosperous times, pre-pandemic, and during the pandemic.
0:54.0	Those stories plus the push for family leave, a squeaker in New Jersey, and Facebook recognition.
1:01.0	It's Thursday, November 4th, 2021. Squack Pod begins right now.
1:07.0	First up on today's podcast, Taper Talk. The Federal Reserve announced yesterday
1:15.8	that it will soon begin reducing the pace of its monthly bond purchases.
1:20.0	Chairman Jay Powell spoke at a press conference that wrapped up the Fed's two-day meeting.
1:24.8	Today, the FOMC kept interest rates near zero, and in light of the progress the economy
1:30.1	has made toward our goals, decided to begin reducing the pace of asset purchases.
	...

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