Election Day, Continued: Leon Cooperman, Uber CEO, & Arthur Brooks

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 6 November 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Legendary investor Leon Cooperman explains his approach to markets amid the ongoing Presidential vote and the Federal Reserve’s approach to stabilizing the economy. The billionaire explains his personal vote for former Vice President Biden and his bet on equities. Uber CEO Dara Khosrowshahi unpacks his company’s latest financial results and his projection for a transportation recovery post-pandemic. In the wake of California’s Proposition 22 vote preserving gig workers’ status as contractors, Khosrowshahi considers what the measure will mean for the gig economy moving forward. Plus, as the final votes are counted, Harvard Professor, AEI President Emeritus, and contributing writer for The Atlantic Arthur Brooks says it’s time to rebuild the U.S., starting at home. The host of “The Art of Happiness with Arthur Brooks” encourages those who are pleased with the election outcome to reach out to their disappointed friends and family, to begin repairing the political division in America.

Transcript

Click on a timestamp to play from that location

0:00.0	This is Quak Pond. I'm
0:03.4	C. NBC producer Katie Kramer.
0:05.3	Today on our podcast,
0:07.4	Too close to call, still.
0:09.2	But whatever happens, Arthur Brooks, writer and professor,
0:12.0	says a few things are certain.
0:14.3	Half the country is going to be bitter about this
0:17.4	and the other half is going to be really happy.
0:19.5	That's an opportunity to show grace
0:21.4	and start to bring this country back together again.
0:23.0	billionaire investor Leon Cooperman and his vote for Joe Biden and what it could mean
0:27.8	for Washington's agenda. It'll probably be many weeks before you know the
0:31.7	final result. I think the most significant thing that
0:34.9	came out of the election was I think the repudiation of the left.
0:38.3	And California's yes on Proposition 22. Uber CEO Dara Kaza Shahi claims victory for his contract workers in the future of the gig economy.
0:48.0	The vast majority of our drivers, three-quarter plus of our drivers, value the flexibility that our kind of work offers that.
0:57.6	It's Friday, November 6th, 2020, also known as the fourth election day of the week
1:03.7	Squack Pod begins right now.
1:06.5	Good morning everybody.
1:07.6	Welcome to Squack box here on C.
1:10.0	I'm Becky Quick along with Joe Kurnen and Andrew Ross
1:12.2	Sorkin, and we are all glad to be with you at this extra early hour
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.