Squawk Pod

The Deal for Topps Trading Cards & Arthur Brooks on the Art of Pandemic Unhappiness


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President Joe Biden’s overall disapproval rating reached a new high in December as more voters signaled their unhappiness with his handling of the economy and the Covid pandemic. Harvard University’s Arthur Brooks, AEI president emeritus, contributing writer for the Atlantic, and host of “The Art of Happiness,” breaks down why Americans are feeling disappointed with the U.S. economy despite strong employment and economic metrics. Walmart and Kroger have raised the price of Abbott’s at-home Covid-19 test kit after their reduced-price agreement with the White House expired. Biden said last month that the administration plans to ship as many as 500 million free test kits to people who request them through a website — a plan experts have said will require significant scaling up. Plus, Fanatics CEO Michael Rubin discusses the company’s estimated $500 million acquisition of the Topps’ trading cards business. Rubin explains why the deal was a “win-win” for the companies and how Fanatics plans to continue with the Topps brand.

In this episode:
Arthur Brooks, @arthurbrooks
Michael Rubin, @michaelrubin
Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

...more
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