The Future of Healthcare, Home Improvement, and Musk’s Government Role 11/15/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 15 November 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Vaccine stocks are falling after President-elect Donald Trump has tapped Robert F. Kennedy Jr. to be his Secretary of Health and Human Services. Former Walgreens Boots Alliance executive, John Driscoll, shares his concerns about the potential impact and what it could mean for the future of healthcare policy. Home Depot CEO, Ted Decker, discusses how inflation is hitting consumers and how the company is responding to the pressure. Plus, Ark Invest’s Cathie Wood discusses her bet on Tesla and what she thinks Elon Musk’s new role in government could mean for the company - and for the future of innovation in the U.S. John Driscoll - 02:24 Ted Decker - 13:11 Cathie Wood - 30:29 In this episode: Cathie Wood, @CathieDWood Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @zachvallese

Transcript

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0:00.0	Bring in show music please.
0:03.0	Today on Squawk Pod, three big stories.
0:08.0	President-elect Donald Trump has picked Robert F. Kennedy Jr. for Secretary of Health and Human Services.
0:15.0	What does it mean for the future of health care policy?
0:18.0	Former Walgreens Boots Alliance executive John Driscoll
0:21.7	shares his concerns.
0:23.5	Our industry is the envy of the world.
0:26.5	And I think many of us in industry are concerned that what he doesn't understand, he
0:31.5	might damage.
0:34.1	Then Home Depot CEO Ted Decker weighs in on the state of inflation and how the company
0:39.7	and consumers are handling the pressure.
0:42.6	They want to take on projects, but they're still just a little bit uncertain with the
0:48.0	overall economy.
0:50.5	Plus, ARC invests Kathy Wood on her big bet on Tesla and how Elon Musk's new government role might make an impact.
0:58.0	I think he's going to do a lot to bring efficiency to government.
1:02.0	I'm CNBC producer Zach Vileisi. It's Friday, November 15th. Squawk Pod begins right now.
1:10.0	Stand Becky by in three, two, one.
1:12.8	Cure, please.
1:15.0	Good morning, everybody, and welcome to Squackbox right here on CNBC.
1:18.9	We're live from the NASDAQ market site in Times Square.
1:21.8	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:25.0	President-elect Trump has selected vaccine skeptic, among other things.
	...

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