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Squawk Pod

Special Report | The Path Forward

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 30 May 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm C. NBC producer Katie Kramer, one of the voices behind the

0:05.3

the CNBC Podcast Squack Pot. In these times of uncertainty, we want to make sure

0:09.7

we're bringing you, our listeners, as much information as possible as quickly as we can.

0:15.0

That's why we're sharing with you now a CNBC Special Report, markets in turmoil.

0:20.0

Listen in. I'm Sarah Eisen on day 152 of the coronavirus crisis.

0:25.0

Stocks and another strong month even as the president talks tough on China.

0:35.0

We will be today terminating our relationship with the World Health Organization.

0:42.9

The world needs answers from China.

0:45.9

The President cuts ties with the World Health Organization

0:49.8

and takes a harder stance on China. That caps off the Dow's best week in the last seven.

0:56.4

But stocks keep going up, even as spending dries up.

1:00.8

That is the largest drop on record. And savings go up. When will it hit the

1:06.0

economy? This CNBC special report starts right now. Here's Sarah Eisen.

1:15.0

Good evening and good to have you with us this Friday night. We begin with the latest out of DC

1:19.8

following a news conference with President Trump this afternoon where he ratcheted up the rhetoric

1:24.8

on China and the World Health Organization.

1:27.4

Let's go to Kayla Tauschi in Washington.

1:29.4

Kayla.

1:30.4

Sarah, the White House took an opportunity to redouble its hard line on China by very

1:36.2

clearly outlining some policy positions that have been telegraphed by previous administration

1:42.2

officials in recent weeks.

1:44.4

In a policy package unveiled today, the President said the U.S. would be revoking visas for students

...

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