Wall Street vs. Warren; Personal Finance with A-Rod

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 6 November 2019

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Bank of America’s Savita Subramanian is on set with Becky and Joe talking Walgreens, SoftBank, Amazon, and whether anyone “Xeroxes” anymore. Wall Street and Senator Elizabeth Warren are at it again; pollster Frank Luntz shares his statistics and his theories about economic education in the U.S., and whether believers in socialism will stay on that side of the capitalism debate. Plus, baseball legend Alex Rodriguez became a millionaire at 18, and now he’s a CEO with a new show on CNBC. He shares his advice for your personal finances—and for Mets fans.

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 Wall Street and Warren and the War of Words with Polster Frank Luntz.
0:24.0	Right now capitalism is only 15 points above socialism in terms of what the American people would prefer.
0:31.0	Baseball legend Alex Rodriguez was a millionaire at 18.
0:34.5	Now he's a CEO.
0:35.9	I worked so much harder at my business
0:38.7	than I did at baseball.
0:40.3	And weighing market risk with Bank of America's Caveda Supermunion.
0:44.0	If you look at the number of unprofitable IPOs right now,
0:47.8	it's higher than it was during the tech bubble.
0:50.5	Those stories and more from Xerox shopping for a new future.
0:54.0	I don't know do people still Xerox things?
0:56.2	To Soft Banks Cloudy Vision.
0:57.8	I think it's overrated to start with, right?
0:59.6	I mean making money.
1:01.6	I'm C. M. C. Cramer, it's Wednesday, November 6th, 2019.
1:05.0	Squawk Pod begins right now.
1:08.0	Stand back to you by in three, two, one, cute, please.
1:12.0	Good morning morning everybody.
	...

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