Gamestop Game On (Again); David Rubenstein; AB InBev:This Bud’s For You
About this episode
The online-driven trading frenzy around retailer GameStop ignited again following the announcement of next month’s departure of Chief Financial Officer Jim Bell. CNBC’s Jim Cramer questioned “are prices real?” on Wall Street anymore, as he exasperatingly tries to make sense of GameStop’s renewed rally. Democrats are set to advance President Joe Biden’s $1.9 trillion stimulus proposal on Friday without Republican support. David Rubenstein, a co-founder of the Carlyle Group, discusses the potential economic impacts of the legislation and the fight over the $15 federal minimum wage. Anheuser-Busch InBev reported better-than-expected revenue for the fourth-quarter, but AB InBev CEO Carlos Brito says consumers are itching for bars to fully re-open. Plus, vaccines, variants and the investing wisdom of 97 year old Charlie Munger.
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