Market Roller Coaster; Robinhood’s Outage; Senator Ted Cruz (R-TX)

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 4 March 2020

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Super Tuesday has revealed a two-person race among the Democratic presidential candidates, says political pollster and strategist Frank Luntz. The markets’ roller coaster ride continues with the yield on the 10 year treasury bond dropping below 1%. Douglas C. Lane’s Sarat Sethi weighs in on the Federal Reserve’s emergency rate cut and the response from global investors. Senator Ted Cruz (R-TX) discusses the coronavirus outbreak and its impact on airlines. Plus Axios Business Editor Dan Primack explains why Robinhood’s platform outage could be trouble for millennial investors who use it and for the company’s future.

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in Show Music, please.
0:03.0	This is Squawk Pod, the Daily Podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Another day, another roller coaster ride for the markets.
0:22.8	It's happening right now.
0:24.0	These are frightening times.
0:25.6	Joe Biden dominates Super Tuesday with Bernie Sanders close behind in Democratic delegates,
0:30.7	analysis from Polster Frank Luntz.
0:33.0	Looking at the voter response,
0:34.8	Biden is on his way up, and Sanders might well have hit his peak.
0:38.8	Texas Republican Ted Cruz on the coronavirus outbreak
0:41.8	and the industry's most vulnerable.
0:43.7	The numbers are troubling and we're right to be concerned.
0:47.0	And Robin Hood is the high-tech investing app in trouble after a two-day outage.
0:51.8	Axios is Dan Premack.
0:53.2	If you're somebody who feels you got screwed over,
0:55.9	you can go to another service and get the same benefits
0:58.2	that you used to only be able to get from Robin Hood.
1:00.6	Those stories plus...
1:02.1	Come on baby, come on baby keep going for it wait for it the market we're all really talking about
1:08.0	The 10-year Treasury yield the metric that has the business world buzzing.
	...

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.