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Squawk Pod

“GameStopped”; NYC Mayoral Candidate Ray McGuire; Civilians in Space

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 2 February 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

The endgame may be near for the GameStop squeeze trade as investing enthusiasm and volume wane. Silver prices, another hill in the battle between Redditor retail investors and Wall Street hedge funds, fell after hitting an eight-year high on Monday. Ray McGuire, Democratic candidate for New York City mayor and former Citigroup vice chairman, discusses his strategy for overcoming the pandemic and supporting businesses in crisis, including calls for police reform and more. Plus, SpaceX is prepped for its first all-civilian space mission.

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our

0:05.9

podcast, Precious Medals, Shorts, and a trip to space. The Game Stop Game

0:11.6

continues. The winners, the losers, and the billions in play.

0:15.0

When you're trading at 20 times what you were a couple of weeks ago,

0:19.0

there's something besides fundamentals that are at play there.

0:22.0

And Silver, finally ready for a shiny front page moment.

0:25.4

Silver's ready to go, ready to go.

0:28.6

Ray McGuire, the banker now running for New York Mayor on the challenges for big cities and beyond.

0:34.0

George Lloyd and COVID have revealed the inequities that we have known existed quite some time.

0:40.0

Those stories, plus the civilian crew headed for space.

0:46.0

It's Tuesday, February 2nd, 2021.

0:49.0

It's Groundhog Day, rise and shine and don't forget to put your booties on,

0:52.0

because it's cold out there today.

0:54.7

Squawk Pod begins right now.

0:57.1

Good morning everybody.

0:59.4

Welcome to Squawk Box here on CNBC.

1:01.6

Happy Ground Dogs Day everybody. I'm Becky Quick along with Joe Kernan and Squack box here on cn't b cork happy ground dogs everybody

1:03.2

i'm beky quick along with joe kernan and and joe i love it when you

1:07.2

reprise the movie

1:09.2

but you better not call me

1:11.0

a hairdo

1:12.0

that's all i'm thinking with it. But yeah, I love this movie, gotta love the song.

...

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