Business (& Character) on the Ballot, FTX on Fire, & ‘DIS’ for Disappointment? 11/09/22
As results for the U.S. midterm elections trickle in, Joe Kernen, Becky Quick, Andrew Ross Sorkin, and Ylan Mui discuss the tightest races and the value–and lack thereof–in polling. Former Senator Judd Gregg and President Obama’s former chief of staff Bill Daley consider what the results might tell us about the electorate’s biggest concerns. The biggest corporate stories might be moving the markets even more than politics: Disney’s big disappointment, Meta’s 11,000 laid off employees. A crypto drama is also affecting the wider markets: crypto exchange Binance has offered to buy out its rival FTX. Circle CEO and crypto expert Jeremy Allaire discusses whether FTX’s liquidity issues are simply one of many crypto dominos to fall, as well as the celebrities and star investors that got caught up in the FTX hype. In this episode: Jeremy Allaire, @jerallaire Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Ylan Mui, @ylanmui Katie Kramer, @Kramer_Katie
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