Shorting Cathie Wood, High Tech Car Karaoke, & China’s Covid Realities

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 31 January 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tech investing titan and retail trader favorite Cathie Wood is doubling, tripling, quadrupling down on her speculative tech portfolio strategy, despite recent losses. Matthew Tuttle, founder of the “anti-ARKK fund” SARKK is shorting Wood’s own ETF. In China, keeping Covid-19 in check comes at a great price for its residents; CNBC’s Beijing Bureau Chief Eunice Yoon reports on the long testing lines and government surveillance that are now a part of everyday life. In the wake of Spotify’s decision to back controversial podcaster Joe Rogan over musician Neil Young and the subsequent #DeleteSpotify social media push, Joe Rogan has apologized to the company and stated that he’s open to changes on his show. Plus, Tesla’s tapping into the karaoke market, and the NFL had a dramatic weekend. In this episode: Matthew Tuttle, @TuttleCapital Eunice Yoon, @onlyyoontv Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin 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 see NBC producer Katie Kramer.
0:08.0	Today on our podcast.
0:10.0	Look out Kathy Wood.
0:11.0	One fund is betting on the high profile tech investor stumbles,
0:15.3	but the man behind it Matthew Tuttle says it's nothing personal.
0:18.6	We've got great respect for Kathy Woods. we've got great respect for ARC
0:23.4	and what they've done.
0:25.9	And life in China, government tracking,
0:28.3	long testing lines, and surveillance,
0:30.7	all part of Beijing's strategy to keep COVID in check,
0:33.5	see NBC's Eunisune.
0:34.9	I can't even imagine living like that.
0:36.4	It does take a psychological toll.
0:39.4	But first, Joe Roggan and Spotify, still making headlines, a dramatic football weekend, and what to Elon Musk and Andrew Ross Sorkin have in common.
0:48.0	Here's a hint, it's got to do with karaoke.
0:50.0	Love me tender, Love me too.
0:53.0	It's Monday, January 31st, 2022.
0:57.0	Squawk Pod begins right now.
0:59.0	Stand back you by in three, two, one, cure-free.
1:03.0	Good morning everybody.
	...

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