Shoppers Back in Stores; Turkeys in the Oven; Progress on the Hill

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 15 November 2021

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Biden signs the $1T bipartisan infrastructure plan today, but the Build Back Better plan has yet to pass the House. Covid-19 cases are ticking up in some areas where vaccination rates and immunity is low, but after the holidays, Former FDA Commissioner Dr. Scott Gottlieb expects cases to decline again. He considers a future in which Covid is regarded much like the flu, with effective vaccines and oral therapeutics. Shoppers, look out: inflation could hike up your holiday bills. CNBC’s Courtney Reagan shares retailer strategies and expectations heading into this holiday shopping season. Plus, Becky and Joe swap Thanksgiving stories and head down a musical memory lane. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Courtney Reagan, @CourtReagan Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm C. NBC producer Katie Kramer today on our podcast.
0:10.0	COVID cases rising in some parts of the U. Dr Scott Gottlieb says we might be learning to live with it.
0:16.3	I see this being something that's managed like the flu, where a lot of people have already
0:21.0	had it. There's a high level of immunity in the population. We have effective
0:25.2	oral therapeutics. And it's time, holiday shopping season. The 12 days of Christmas to buy all of that stuff in 2020 was $16,168, which was down 58%.
0:39.0	But this year inflation price increases everywhere.
0:42.8	Is that the lump of coal in returning holiday traditions?
0:45.8	See NBC's Courtney Reagan.
0:47.4	The stores are going back to previous Turkey Day tradition.
0:51.9	Those stories, plus, build back better a key signing imminent and a trip down musical memory lane. A bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb Do you love me? It's Monday, November 15th, 2021. Squack Pod begins right now.
1:07.0	Stand back you by in three, two, one, fuel brief.
1:11.0	Good morning everybody. Welcome to Squack Box here on
1:13.9	cn't be c. I'm Becky quick along with Joe Kurnen and Andrew is off today. I was
1:18.5	thinking about what to talk about and I was only thinking about one thing and
1:21.7	uh... crypto? No no no no no no that I was able to bet on Rutgers now and they genuinely now
1:30.3	belong in that in that conference that was a route thank you did you notice yeah
1:35.9	they've been doing incredibly well this entire year I mean they definitely not
1:40.0	embarrassment they're definitely not pulling up the rear there. And the Bengals, the
1:45.6	Bengals had a good week. That I didn't see, but congratulations. They didn't play.
1:49.4	Oh. Well there you go. So they didn unable to lose.
	...

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