Squawk on the Street SOTS 2nd Hour: DOJ Targets UnitedHealth, Auditing the Fed? Plus: Visa, IMAX CEOs 02/21/25
Feb 21, 2025
The podcast kicks off with a deep dive into UnitedHealth's struggles amid a DOJ investigation, affecting market indices. As concerns about consumer growth mount, there's a bright outlook from investment strategists. Key insights come from Visa’s CEO on growth strategies and IMAX's optimistic forecasts post-'Nezha 2' success in China. Lastly, the discussion touches on Elon Musk's call to audit the Federal Reserve and the recent SEC decision benefiting Coinbase, illuminating the shifting dynamics in both traditional markets and crypto.
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DOJ Investigation into UnitedHealth
- The Department of Justice is investigating UnitedHealth for potential overbilling in Medicare Advantage.
- This involves risk adjustment payments, where higher-risk patients lead to higher reimbursements.
No Recession in Sight
- Despite market volatility and concerns about a slowdown, there are no signs of an immediate recession.
- The economy continues to show resilience with positive GDP growth, earnings growth, and a resilient labor market.
Diversification is Key
- Diversify investments in 2025 across large and mid-cap stocks, both growth and value sectors.
- Consider investment-grade bonds with attractive yields and international equities for portfolio diversification.