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Transcripts For CNBC Squawk On The Street 20240712

Weekend. Our roadmap begins with the record setting week. What are the risks to the rally . Plus tesla on a tear, set to open at record high after topping 2,000 for the first time. And democrats demanding answers, the embattled postmaster general testifying this hour amid a political furor surrounding policy changes ahead of the november election guys, its going to be an interesting morning to sort of take stock of where weve been over the past couple of days the s p all time high, apple 2 trillion, scott, tesla 2 k even though b of a this morning says that weekly outflows look like they may be the biggest in about 15 weeks despite some of these new highs. Maybe this is the week, carl, where technology said, do you know what, wait a minute, not to fast, growth, not to fast, value. Ever been has been coming out of the woodwork trying to make these calls that there is going to be this great rotation, carl, from growth into value stocks and these cyclical and epicenter names as tom lee ha

Transcripts For RT Worlds Apart 20240713

The reason i imagine it is because it was 1st of all number one single in the United States for 6 consecutive weeks soon after your most of the United States or your parents read more broadly i thought that it kind of depicts. How you relate to risk and adversity this rule of defied the kick that you seem to get out of uncertainty am i wrong here it has always been the case with you or did you have to foster it i dont think ive ever been a thrill seeker i think im a grown up with them a 2 block took him probably helped me available at the risk part of the enough to actually do a challenge of building things i like things kind of difficult but enough to really like risk for the sake of for us going the way that lets say a war correspondent actually seeks out conflict and then sure. Its an interesting observation that you just made because you were introduced to reese earlier on not as some blind you know dark im sick or im no one but actually calculate to build probability and. Many peo

Transcripts For RT Worlds Apart 20240713

A war correspondent who actually seeks out conflict and then sure. Its an interesting observation that you just made because you were introduced to research earlier on not as some blind you know dark im sipping tea or im no one but actually calculate to build probability that many people especially in this country tend to fear risk more they tend to fear they fear more and they risk it represents a threat how do you think it should be dealt with well i mean thats not always easy to hear motions of them to calculate everything right but certainly in what i do professionally and making investments thinks intellectually and emotionally got in the way and. Will for this to be us to make time for the information that. According to act logically now i know that you are not the. Big fan of talking about your experience on the mit Blackjack Team but let me ask a few questions the whole thing was depicted in in a famous movie 21 and its shown there as. Was it really as dramatic as it is a trait

Transcripts For RT Worlds Apart 20240713

Foster it i dont think ive ever been a thrill seeker i think im a grown up with them as you blocked him probably helped me available at the risk part of the enough to actually do a challenge of building things i like things kind of difficult but its not the only like risk for the sake of for us going the way that lets say a war correspondent actually seeks out conflict and to ensure. Its an interesting observation that you just made because. You were introduced to research earlier on not as some blind you know dark uncertainty or im no one but actually calculate to build probability and. Many people especially in this country tend to fear risk more they tend to fear they fear more and they risk it represents a threat how do you think it should be dealt with well i mean thats not always easy. To calculate everything right but certainly in what i do professionally in making investments i think some to. Get in the way and. To distribute us to make them with the information that. According

Transcripts For CNBC Mad Money 20240713

To beat this disease maybe it even needs a bear market which is where we are today and the dow plunged and s p and nasdaq nose dived 4. 7 coron as coronavirus is a Public Health crisis wreaking havoc all over the country and it hasnt effected that many people yet but we know it will. And we thought we could keep it out and then thought it could be contained and then as it kept spreading we were told there was no big deal. Theres so few cases and so few why all the fuss and we discovered the Term Community spread we heard about the outbreak in Washington State and then the suburbs of new york and then the fiasco it dawned on us when they say novel as novel coronavirus, novel means we have no immunity to it. We have no vaccine if you dont, try not to get it. We have no tamiflu once you get it were all against this unseen nightmare. Novel, steven king novel all right. Were cancelling big Public Events what happens next. The two ways to do this, two ways to play it, pile on once again and

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