The Parley on Parler; The Bull Market with Morgan Stanley’s Mike Wilson

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 12 November 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Parler, a new social media platform that touts itself as a less censored alternative to Facebook and Twitter, is rising in popularity, particularly among conservative Americans. The Anti-Defamation League’s Jonathan Greenblatt says Parler’s free speech mission might be leaving too wide an opening for harmful content. Morgan Stanley’s Mike Wilson says this bull market has a long way to run, both in timing and pricing; he offers investors some cautionary advice. Plus, former FDA Commissioner Dr. Scott Gottlieb discusses rising Covid cases and the impact on the health care system across the nation. He considers the risks for Americans hoping to celebrate Thanksgiving in groups.

Transcript

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0:00.0	This is Squack Pod. I'm
0:03.5	CianbC producer Katie Kramer. Today on our podcast.
0:07.1	A market rally on vaccine optimism takes a breather as COVID cases rise.
0:11.5	You're still not on this train. It's not about me being on the're still not on this train.
0:13.2	It's not about me being on the train or not on the train.
0:15.3	Getting behind the headlines with Morgan Stanley's Mike Wilson.
0:18.1	This is the story is my turn participatory.
0:20.8	Closing in on Thanksgiving, Dr Scott Gottlieb says to gather and give thanks with caution.
0:26.0	The bigger risk of Thanksgiving is not going to be any one setting, it's going to be the mobility of the people moving around and people coming together in congregate
0:33.5	settings where they feel safe, but there might be someone who's asymptomatic.
0:37.0	The social media alternative for conservatives and possibly everyone else, why Parlor is so popular and so controversial
0:45.0	with anti-defamation leagues Jonathan Greenblatt.
0:48.0	What parlour has asked itself is whether it wants to be truly a public square or whether it wants to be a fraternity party
0:55.0	where the loudest most sensationalist voices are able to dominate.
1:00.3	It's Thursday November 12 12, 2020, Squack Pod begins right now.
1:07.0	Good morning everybody.
1:08.0	Welcome to Squack Box here on C.
1:10.0	I'm Becky Quick, along with Joe Kurnen and Andrew Ross Sorkin, and let's take a look at what's been happening with the markets too because after a few days of optimism based on that Pfizer vaccine
1:20.0	Well that whole idea that the get out there to get out there again trade was on
1:24.0	turned around a little bit yesterday. We did see people rushing back to the stay at home
1:28.0	stocks as COVID cases and hospitalizations continue to climb in this country.
1:32.0	And you saw some states start to impose restrictions.
	...

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