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Squawk Pod

The “Everything Rally”; Vaxxed, Masked, & Ready for Summer

Squawk Pod

CNBC

News, Investing, Business, Business News

4494 Ratings

🗓️ 26 April 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

As vaccinations in the U.S. continue, health officials may consider relaxing some guidelines for wearing masks outdoors. Former FDA Commissioner Dr. Scott Gottlieb considers spring and summer Covid safety and suggests that the low infection rates across the country may finally be here to stay. In the wake of a volatile week in crypto, Coinshares’ Chief Strategy Officer Meltem Demirors explains the rise of Dogecoin, the fall of Bitcoin, and this pivotal moment in the crypto-finance ecosystem. Plus, the U.S. could be bracing for a rally in everything, from social lives to economics, and Elon Musk will be live, from New York!

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast.

0:07.0

The sun is shining, the birds are chirping, and the people are gathering, COVID safety under the sun, and hopefully a turning point with Scott Gottlieb, former head of the FDA.

0:18.0

The gains that we're seeing right now against the virus are being solidified through vaccination and immunity in the population

0:24.1

whereas before the gains that we saw were a result of behavior people being more prudent

0:28.1

what they were doing.

0:29.1

Bitcoin and Doge drama.

0:31.3

Can you explain, is there an explanation for what has happened?

0:35.0

With Coin Chair's Chief Strategy Officer Melton DeMures.

0:39.0

It really illustrates the broader zeitgeist of this moment in finance,

0:43.6

which is investing as entertainment.

0:46.2

Those stories plus Elon Musk,

0:48.2

live from New York, and vaccines leading

0:50.9

to an everything rally?

0:52.4

It could be a blockbuster year overall

0:54.9

in this country and then hopefully

0:56.9

in the rest of the world as well.

0:58.9

It's Monday, April 26, 2021,

1:01.6

Squawk Pod begins right now.

1:05.0

Good Monday morning everybody.

1:06.1

Welcome to Squawk Box here on CMBC.

1:08.5

I'm Becky Quick, along with Joe Hermann and Andrew Ross

1:10.8

Sorkin.

...

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