Squawk Pod

A 2024 “Unity Ticket” & the Road Ahead for Weight Loss Drugs 01/02/24


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2024 trading begins after a strong market finish to 2023, with the Nasdaq 100 closing its best year since 1999. Just over 300 days before the 2024 election, former Connecticut Senator Joe Lieberman is pushing for an option outside of President Biden and President Trump. Once on the Presidential ticket himself, Lieberman started nonprofit No Labels, which hopes to offer a third, bipartisan, centrist “unity ticket” to the Americans unsatisfied with the current political playing field. Plus 2023 was the year of weight loss drugs for pharma companies like Novo Nordisk and Eli Lilly. Former FDA Commissioner Dr. Scott Gottlieb sits on the boards of Illumina and Pfizer, and he expects more good news–and more secondary benefits–from weight loss drugs on the market. Plus, Michigan is celebrating a big sports weekend, and X is now worth 71.5% less than when Elon Musk bought it, according to Fidelity, one of the co-investors that backed his takeover.

 

Joe Lieberman - 12:30

Dr. Scott Gottlieb - 24:46

 

In this episode: 

Scott Gottlieb, @ScottGottliebMD

Becky Quick, @BeckyQuick

Robert Frank, @robtfrank

Michael Santoli, @michaelsantoli

Katie Kramer, @Kramer_Katie


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