Ron Baron’s Ray of Hope; Black Financial Influencers 6/17/22

The S&P 500 is headed for its worst week since March of 2020, but famed buy-and-hold billionaire investor Ron Baron offers a ray of hope amid Wall Street’s worries. A Tesla bull and futurist investor, Baron likens today’s market with the opportunity that earned him billions in the 1980s. In an all-hands meeting with Twitter employees, Elon Musk addressed layoff and content moderation concerns. For consumers, inflation is still cause for worry; Rep. Ro Khanna (D-CA) discusses pump pressures for Americans and big profits for big oil producers in the U.S. Plus, we mark Juneteenth weekend by celebrating Black social media influencers in finance, with CNBC’s Frank Holland. In this episode: Ro Khanna, @RepRoKhanna Frank Holland, @FrankCNBC Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie