Squawk Pod Taxes Back to Jerseyans, Markets Back to the 70s 6/30/22
Americans are feeling the pain caused by inflation, but New Jersey is hoping to help its residents with an historically large budget plan. Governor Phil Murphy (D-NJ) discusses how Jersey’s rebate will alleviate some of the pain, from property taxes to back-to-school supplies. The markets are set to close on the worst first half in more than 50 years. The Dow and S&P 500 are on track for their worst three-month period since Q1 of 2020, and the Nasdaq is on its worst run since 2008. Plus, drama escalates in the Spirit Airlines boardroom.
In this episode:
Joe Kernen, @JoeSquawk
Melissa Lee @MelissaLeeCNBC
Andrew Ross Sorkin, @Andrewrsorkin
Katie Kramer,
Gov Phil Murphy @GovMurphy
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