Leon Cooperman on Inauguration Day

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 20 January 2021

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Billionaire investor and philanthropist Leon Cooperman, Chairman and CEO of Omega Family Office, discusses his vote for President Joseph R. Biden, Jr. Cooperman considers where and when he’ll find alpha in the markets under the nation’s new leader. Plus, CNBC’s Eamon Javers recaps Donald Trump’s last acts in office: a string of pardons.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast, Inauguration Day.
0:08.0	Billionaire investor Leon Cooperman on the markets to come under President Joe Biden?
0:12.0	We have a very difficult situation out. on the markets to come under President Joe Biden?
0:12.8	We have a very difficult situation out there,
0:15.7	because I think in the near term,
0:18.1	it's hard to fight the market.
0:20.0	But somewhere along the way,
0:21.4	we're going to have to pay for the party when the party is over.
0:24.0	When and where he'll be looking for Alpha.
0:26.3	I look for value, but I do have long-term concerns, because I think the policies we're
0:30.8	running are unsustainable.
0:33.0	Plus, recapping President Trump's last acts in office
0:36.2	hardens with the NBC's Aiman Javers.
0:38.8	It really does read like sort of a greatest hits list of recent American public corruption scandals.
0:44.3	It's Wednesday, January 2021, the start of the Biden era.
0:49.6	Squakapod begins right now. Good morning everyone.
0:56.0	Welcome to Squawk Box here on CMBC.
0:58.0	I'm Becky Quick along with Joe Hermann and Andrew Ross Sorck
1:01.0	and it is inauguration day. We're playing that music. You hear that music?
1:05.0	Serious day. Serious day when we play that music.
1:09.0	President, you know, we're not making fun of this pretty we're very serious as a big day
1:13.1	president-elect Joe Biden is going to be sworn in as the 46 president of the
	...

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