Squawk on the Street
IMF Cuts Global Growth Outlook, Fed's Bullard and "75” Talk, Airlines Drop Mask Requirements on Judge’s Ruling, Blackstone's $13B Deal, plus Musk, Twitter -- and Apollo? 4/19/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: The IMF cutting its 2022 global growth forecast to 3.6%. The anchors explored what that news means for investors -- and reacted to comments by St. Louis Fed President James Bullard, who said he wouldn't rule out a 75 basis point rate hike. U.S. airlines in the spotlight, dropping mask requirements for passengers and crew members after a federal judge overturned the CDC's mask mandate for airlines, airports and public transportation. Also in focus: Natural gas tumbles and stocks rally, Johnson & Johnson leads the earnings parade, sources say Apollo Global Management may be willing to provide financing for a Twitter buyout, what to expect from Netflix's after-the-bell results, and Blackstone’s $13 billion bet on campus housing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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