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Squawk Pod

Work-from-Home Eavesdropping, Retailer Trends, & Market Highs 02/26/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 26 February 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Nikki Haley lost to former President Donald Trump in the South Carolina Republican primary, but she’s committed to her campaign. Punchbowl News co-founder Jake Sherman discusses the 2024 race and its impact on progress in Congress. Amid uncertainty, the market has hit 52-week highs; whatever happens, Professor Jeremy Siegel says he’s bullish on the markets. Plus, a BP executive’s husband pleaded guilty to work-from-home eavesdropping and insider trading, and retail analyst Dana Telsey explains the trend cycles–and the inevitable return of skinny jeans. Dana Telsey - 15:15 Jeremy Siegel - 20:06 Jake Sherman - 30:58 In this episode: Jake Sherman, @JakeSherman Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music please.

0:04.0

Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.

0:09.0

South Carolina's Republican primary is passed.

0:12.0

Former President Donald Trump defeats

0:13.7

challenger Nicky Haley. What to make of the numbers with Punch Bowls Jake Sherman?

0:17.7

40% is pretty damn high. It's not an insignificant number of voters that don't want Donald Trump to be the nominee.

0:27.0

Despite political uncertainty the market hitting 52 week highs

0:31.0

Professor Jeremy Siegel says's bullish, whatever happens.

0:34.8

I don't think that the market is all that concerned about who is going to be president

0:41.3

between Biden and Trump.

0:44.4

Retail analyst Dana Telse on the trends to watch and wear

0:48.4

when major retailers report results.

0:50.6

When you talk about new pants cycles,

0:52.4

it could be two or three years that it lasts

0:54.0

and then everyone's back to skinny jeans again.

0:56.1

Yes.

0:57.1

Plus Amazon's Dow debut Berkshire Hathaway's cash pile insider from home, and what is some of the hottest stocks have in common?

1:06.0

Weight loss.

1:07.0

Weight loss.

1:09.0

It's Monday, February 26,, Squack Pod begins right now.

1:14.6

Stand to enter by in three, two, one, Q Andy.

1:19.8

Good morning, and welcome to Squack Box right here on C NBC.

...

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