Stock Tumbles & a Fed Preview with Lloyd Blankfein

U.S. stocks fell today following the S&P 500′s worst week since March 2020. Riskier assets are also selling off, with bitcoin plunging over the weekend, wiping out nearly half of its value. Lloyd Blankfein, former CEO of Goldman Sachs, discusses cryptocurrencies, plus the Fed’s plan for rate hikes ahead of the FOMC meeting this week. Blankfein explains why he thinks bank stocks are a good place for investors to be and why his view on digital currencies is evolving. Sal Khan, founder and CEO of Khan Academy, provides an update after almost 2 years of remote schooling, and a new NFT project from Parallel NFT project donating 100% of proceeds from the auction to Khan Academy.In this episode:Lloyd Blankfein, @lloydblankfeinSal Khan, @khanacademyJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.