Labor Squeeze with Barry Sternlicht; Hollywood Stars in Space

Starwood Capital Chairman and CEO Barry Sternlicht discusses the current real estate market, U.S. labor shortages, and his crypto portfolio. The noted investor and real estate mogul reacts to comments from BlackRock CEO Larry Fink, and explains why he thinks the service economy is in a major labor crisis right now. Corporate vaccine mandates are causing friction in Texas, and after China’s crackdown on the crypto community, the U.S. has become the most popular place for metaverse miners. Plus, William Shatner is officially the oldest person to go to space, and his stardom has inspired a trip down memory--and inspiration--lane with Joe, Becky, and Andrew.

In this episode:
Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.