SQUAWK BOX, MONDAY 2ND MAY, 2022

Nasdaq marks its worst month since 2008 with rising rates and inflation weighing heavily on the tech sector. We hear from Berkshire Hathaway CEO Warren Buffett who says “inflation swindles almost everybody”. The legendary investor is taking large bets on the U.S. markets despite seeing “market mania”. In Asia, stocks slide after Chinese manufacturing hits its lowest level in 2 years with Beijing’s zero-Covid approach taking its toll on the economy. And in Ukraine, House Speaker Nancy Pelosi visits President Volodmyr Zelenskyy.