Iran’s Attack: Weighing Israel’s Response & Market Impacts 04/15/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 15 April 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

In a first-ever direct attack, Iran launched 300 drones and missiles at military targets inside Israel. The New York Times National Security Correspondent David Sanger explains the geopolitics at play in the Middle East and beyond, including the roles of China and Russia in a conflict between Iran and Israel. CNBC’s Eamon Javers discusses the US response in Washington, and CNBC’s Steve Liesman explains the impact of escalating tensions on the markets and on Fed policy. Plus, it’s tax day! IRS Commissioner Daniel Werfel shares news we can all use: late filing fees, online returns, and the probability of a refund–even from 2020! And, Squawk Pod is nominated for a Webby Award! Vote for Squawk Pod here and support our special series, "Charlie Munger: A Life of Wit and Wisdom," featuring our final interview with the Berkshire Hathaway Vice Chair. Eamon Javers - 02:55 David Sanger - 11:00 Steve Liesman - 18:54 Daniel Werfel - 29:01 In this episode: Eamon Javers, @EamonJavers Andrew Ross Sorkin, @andrewrsorkin Leslie Picker, @LesliePicker Michael Santoli, @michaelsantoli Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pot.
0:09.0	A direct military confrontation, Israel weighing its response to a first ever attack by Iran on Saturday.
0:16.5	The New York Times David Sanger on the shifting geopolitics and the threat of a wider war.
0:21.5	You will remember those 2015 negotiations to stop Iran's nuclear
0:26.7	program. Russia and China were part of the negotiations. They were sitting on the
0:31.1	American side of the table.
0:32.8	The tables have indeed turned.
0:35.2	This time they are part of what the Iranians call the axis of resistance to the West.
0:41.3	Plus what is in store for the markets if things escalate?
0:45.0	Typically, an expected potential escalation of geopolitical conflict
0:49.7	is not the thing to really drive the next weeks and months in markets.
0:54.0	And it's Tax Day, the Tax Man, aka the IRS Commissioner Daniel Wurfel,
1:00.0	cometh.
1:01.0	It's in your interest to get your taxes done because two out of three of you we're going to pay you.
1:06.0	Even if you're filing for 2020. Go file your taxes folks. There may be money in it.
1:12.3	It's Monday, April 15, 2024,
1:15.0	Squawk Pod begins right now.
1:18.0	Stand under by in three, two, one,
1:21.0	Q Anders.
1:22.0	Good morning and welcome to Squawk Box right here on C.
1:25.8	NBC.
	...

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