Iranian Succession, China’s Property Woes, & Tourists in Space 5/20/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 20 May 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Iran’s President Ebrahim Raisi has died in a helicopter crash. Karim Sadjadpour, senior fellow at the Carnegie Endowment for Peace Middle East Program, explains the issues Raisi’s death poses for Iranian leadership and succession. Hayman Capital Management founder and CIO Kyle Bass discusses China’s real estate crisis, its impact on GDP, and the CCP’s electric vehicle strategy. CNBC’s Kristina Partsinevelos explains Microsoft’s plans for AI PCs, many of which will be unveiled at the company’s Build developer conference. Plus, Xander Schauffele won his first major PGA title, and Blue Origin’s tourism rocket launched passengers to the edge of space after a two year hiatus. Karim Sadjadpour - 16:15 Kyle Bass - 22:50 Karim Sadjadpour, @ksadjadpour Kyle Bass, @Jkylebass Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C.N.C. producer Katie Kramer, today on Squawk Pod.
0:09.0	Iran's president dies in a helicopter crash.
0:12.0	We are looking into the leadership void with
0:15.0	Karim Saajanpur of the Carnegie endowment.
0:18.0	What's most important here for the United States is what it means for succession in Iran.
0:24.6	And investor Kyle Bass is bearish on China.
0:27.8	He lays out his case against the fast-growing economy.
0:31.5	They have a third of their market down 30% in four years and they don't
0:36.6	admit it. The Chinese banking system's insolvent. Plus Blue Origin shoots for space.
0:42.0	Major banks lobby to change capital requirements.
0:45.0	It's a big deal for bankers to speak so openly and publicly against their regulators.
0:51.0	What are AI, PC's and Blackberry, just a meme no longer a way of life?
0:57.1	You were the last person.
1:00.5	There were like two people in the building.
1:01.6	The people in the world. The people in the world.
1:03.0	It's Monday, May 20th. Squawk Pod begins right now.
1:08.0	Stand Becky by in three, two, one, queue please.
1:12.0	Good Monday morning. And three, two, one, queue please.
1:14.1	Good Monday morning and welcome to Squawk Box right here on
1:17.1	on CMBC.
1:18.1	We are live from the Nesdac Market site in Times Square.
	...

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.