• Inflation Watch and Tech Rebound, Joe Tsai Interview, Cleveland-Cliffs CEO on Steel Tariffs 3/12/25

  • Mar 12 2025
  • Length: 42 mins
  • Podcast

Inflation Watch and Tech Rebound, Joe Tsai Interview, Cleveland-Cliffs CEO on Steel Tariffs 3/12/25

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  • Summary

  • After two straight days of losses on Wall Street, Carl Quintanilla and Jim Cramer led off the show with market reaction to tamer-than-expected February CPI -- and what tariffs could mean for inflation. The anchors also weighed in on chip stocks leading a tech sector rebound. At CNBC's Converge conference in Singapore, David Faber interviewed Alibaba Chairman Joe Tsai about tariffs, China's President Xi and the Chinese consumer. Cleveland-Cliffs CEO Lourenco Goncalves joined Jim and Carl at Post 9 to discuss President Trump's steel tariffs going into effect. Also in focus: Goldman Sachs lowers its S&P 500 target, Morgan Stanley cuts its Apple price target, President Trump defends Elon Musk and touts Tesla cars.

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