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Squawk Pod

Paul Tudor Jones: America’s Love of Freedom, Its Greatest Strength & Greatest Weakness

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 11 May 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Hedge fund titan and Robin Hood founder Paul Tudor Jones weighs in on the markets, the American spirit, and charity amid the pandemic. Tonight’s Robin Hood Foundation Annual Benefit will be hosted virtually by Tina Fey. Dr. Scott Gottlieb explains the recently approved antigen test that identifies asymptomatic Covid carriers. PayPal CEO Dan Schulman shares how his platform is monitoring and accommodating shifting consumer behavior during the pandemic. Plus, Elon Musk’s busy weekend: filing a lawsuit against a California county and celebrating his partner Grimes’ first Mother’s Day with X Æ A-12.

Transcript

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0:00.0

This is

0:02.0

C. N. C. C. C. C. C. C. C. C. Cramer. Today on our podcast, Paul Tudor

0:06.7

Jones, the influential hedge funder and philanthropist on what Wall Street is

0:10.1

watching for in the fight against coronavirus.

0:12.3

So much of this is path dependent. is watching for in the fight against coronavirus.

0:12.6

So much of this is path dependent on what happens with our response to COVID.

0:18.5

Can we find a way with or without a vaccine to get people engaged again.

0:24.8

A new antigen test is approved to offer faster results of

0:28.0

asymptomatic COVID carriers,

0:30.0

Dr Scott Gottlie, former head of the FDA.

0:32.2

This is very contagious.

0:33.5

If they were setting up a screening process in the White House,

0:36.3

they should use a very sensitive machine

0:38.6

for screening people who are going to be meeting with the President.

0:41.5

And PayPal CEO Dan Schulman on how the coronavirus is shifting consumer behavior.

0:46.1

You're seeing digital payments in this crisis move from being a nice to have capability to a must have essential service.

0:57.0

Those stories plus Elon versus California and the reopening of Disneyland in Shanghai.

1:02.0

It's Monday, May 11, 2020.

1:04.4

Squawk Pod begins right now.

1:07.0

Good morning, everybody.

1:08.0

Welcome to Squawk Box here on C.

1:10.0

I'm Becky Quick, along with Kernan and Andrew Ross Sorkin.

...

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