Superbug in the U.S.; Market Morale; Remembering Jack Welch

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 2 March 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets are attempting to come back from Wall Street’s worst week since the financial crisis amid mounting concerns about the coronavirus outbreak. Joe Kernen, Becky Quick, Mike Santoli, and BNY Mellon’s Liz Young discuss economic risks and possible Fed intervention. Infectious disease physician and author of “Superbugs: The Race to Stop an Epidemic,” Dr. Matt McCarthy warns that the United States will see more coronavirus cases and related school closures. Former FDA Commissioner Dr. Scott Gottlieb agrees that the U.S. should focus more on mitigation than containment as the virus spreads domestically. CNBC remembers former GE chairman and CEO Jack Welch. The man who played a key role in building CNBC and modern corporate leadership has died at age 84.

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Coming back from Wall Street's worst week since the financial crisis,
0:23.6	the NBC's senior market's commentator Mike Santoli.
0:26.4	You should probably be pretty reserved about making bold predictions about exactly
0:30.8	where you go from here.
0:32.0	Health authorities have confirmed the second coronavirus death in the US,
0:36.0	former FDA Chief Scott Gottlie charts the path ahead.
0:39.0	In parts of the country, we're past the point where we can contain this,
0:42.0	we're going to have to
0:42.6	look towards mitigation and the infectious disease physician who wrote
0:46.2	superbugs Dr Matt McCarthy. We're going to seek school closures here. We're hearing
0:50.4	that life's going to go about just like normal that's not true.
0:53.4	Those stories and more I'm see NBC producer Katie Kramer it's Monday March 2nd
0:58.2	20 20 squawk pod begins right now.
1:00.6	Stand back you by and three, two, one, Q3.
1:05.0	Good morning everybody.
1:06.4	Welcome to Squawkbox here on CMBC.
1:08.2	We're live from the NASDAQ Market site in Times Square.
1:10.6	I'm Becky Quick along with Joe Kurnen and Mike Santoli. Andrew is out today.
	...

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