Power & Politics: China, Europe, & the American Office 8/30/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 30 August 2022

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kyle Bass, founder and CIO of the global events-focused hedge fund Hayman Capital Management, discusses Europe’s energy crisis, China’s tenuous path forward, and how both are affecting his portfolio strategy. As employees gear up for a employer-mandated return to the office, Korn Ferry’s Alan Guarino and journalist and Yale lecturer Joanne Lipman discuss politics, power, and pressures of a 2022 workplace. Plus, Tesla is in the crosshairs of a labor debate, Peloton’s lost its trading momentum, and California’s trying to change the game for fast food. In this episode: Kyle Bass, @Jkylebass Joanne Lipman, @joannelipman Melissa Lee: @MelissaLeeCNBC Joe Kernen, @JoeSquawk Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm CMDC producer Cameron Costa.
0:07.0	Today on Squack-Pod, Europe is in crisis, China is on the brink.
0:12.0	We're talking global energy supply and the
0:14.7	investing opportunities with Hayman capitals Kyle Bass. Owning the
0:19.3	producers of oil and natural gas is is a very interesting proposition for the next decade or so.
0:27.0	And on the road again, employees are gearing up for an office reunion at their employer's request, but it's not your 2019 9 to 5, journalist
0:37.9	Joanne Lippman.
0:38.9	If it wasn't clear already, it is absolutely clear now that there is no going back to quote unquote
0:46.7	normal and who's got the power in this new work world with corn Ferry Vice Chairman
0:52.3	Alan Guarino.
0:53.4	In the long term, employers are going to be disadvantaged if they think they have an upper
0:57.3	hand on employees.
0:58.3	They don't.
0:59.3	Those stories, plus West Coast fast food might be getting a price hike.
1:04.0	Twitter and Elon Musk continue to spar as always,
1:07.5	and Palatan's stock lost its COVID momentum.
1:11.1	And in the Fit fam, Peton's not alone.
1:14.0	A person yelling at me, the impelitin didn't know when I was slacking, really?
1:18.9	I guess maybe maybe maybe...
1:19.9	I would like the slack, I hate exercising.
1:22.2	It's Tuesday Tuesday August 30th
	...

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