Turkey Day Turbulence & Europe’s Covid-19 Protests

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 22 November 2021

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Joe Biden is nominating Jerome Powell for a second term as chairman of the Federal Reserve, which means Americans can expect the U.S. central bank to maintain its patient stance on inflation and interest rates. Biden praised Powell and the Fed for “decisive” action that cushioned the impact of the Covid pandemic. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses why it’s important for Americans to get a booster shot against Covid-19 ahead of the holidays. Sara Nelson, international president of the Association of Flight Attendants, also discusses whether airlines are ready for the expected surge in holiday travel. Protests against fresh Covid-19 restrictions have rocked Europe over the weekend, with demonstrations breaking out in places such as Brussels, Vienna, Rome and Amsterdam. Plus, the future of Activision and a monster beverage deal. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Sara Nelson, @FlyingWithSara Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:09.0	COVID-19 cases rising in Europe and so is public unrest.
0:14.2	Cases also rising here,
0:16.0	staying safe this holiday week with Dr. Scott Gottlie.
0:18.9	The effects of the booster are pretty much immediate.
0:21.4	So people who go out and get their boosters now could have
0:24.2	substantially more protection in time for even Thanksgiving. Vaxed, boosted, and
0:29.5	ready for your holiday travel? So are about 4 million other people.
0:33.6	Flight attendance union leader Sarah Nelson
0:35.8	can the airlines handle the volume.
0:37.6	There are more flight attendance per flight hour
0:40.4	than there were pre-pandemic.
0:41.8	So we do have more staff than we had before, but it's an issue of how
0:45.3	the airlines were forecasting and previously they were counting on people picking up those
0:49.3	trips and those overtime hours and that is just not happening today.
0:53.0	Plus Activision, a monster beverage deal, and debating the next Fedhead.
0:58.0	It's Monday, November 22nd, 2021.
1:01.0	Squawk Pod begins right now.
1:03.0	Stand Becky by in three, two, one, fuel please.
1:07.0	Good morning everybody.
1:09.0	Welcome to Squawk Box here on C.
	...

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