Trade Deal or Deal to Make a Deal, WeWork’s Cash Burn Concerns & Warren’s Facebook Feud
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 14 October 2019
⏱️ 43 minutes
🧾️ Download transcript
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| 0:00.0 | Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street. |
| 0:11.0 | Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kintania with Melissa Lee, Morgan Brennan, and Post 9 of the New York Stock Exchange. |
| 0:16.8 | Faber and Kramer have the morning off. It is Columbus Day, banks, government offices, bond markets closed, obviously. |
| 0:23.1 | Futures read as the Chinese not only don't refer to a deal in their statement about last week's talks. |
| 0:28.1 | Now they reports they want more meetings before signing anything. |
| 0:31.3 | Earnings do kick off this week. |
| 0:32.9 | Europe, meanwhile, watching Brexit hopes fade a bit. |
| 0:35.4 | Oil's down nearly 2%. |
| 0:36.8 | Our roadmap begins with deal or deal to make a deal. |
| 0:40.0 | Futures lower on reports that China wants more talks before signing. |
| 0:43.5 | The president's highly touted phase one. |
| 0:46.1 | Plus, cashburn concerns we work director set to meet to discuss two financial rescue options today. |
| 0:51.8 | And Facebook feud. |
| 0:53.2 | Elizabeth Warren says the social network takes money to promote lies and |
| 0:56.9 | creates a fake ad to prove it. |
| 0:59.9 | So investors trying to digest a lot of news surrounding the first phase of that trade agreement |
| 1:04.8 | between the U.S. and China, market sentiment tempered by reports that Beijing wants further |
| 1:09.1 | talks before making a deal. |
| 1:10.8 | The Treasury Secretary, Manusian, was on Squawk earlier this morning, talked about just that. |
| 1:16.2 | We made substantial progress last week in the negotiations. |
| 1:21.2 | We have a fundamental agreement that is subject to documentation, and there's a lot of work to be done on that front. |
| 1:26.8 | But it includes |
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