What Trump Tariffs Mean for Prices & Fed Cuts Rates, but Mortgages Are Up?
Morning Brew Daily8 Marras 2024

What Trump Tariffs Mean for Prices & Fed Cuts Rates, but Mortgages Are Up?

Episode 449: Neal and Toby recap the Fed meeting through the lens of an incoming Trump presidency and whether Fed Chair Jerome Powell’s goal remains the same. Then, while the inflation rate has gone down, mortgage and borrowing rates continue to climb…what’s the deal?? Next, a recap of how the world economies are reacting to the election and Trump’s proposed plan of broad-based tariffs. Meanwhile, the Stock of the Week is the private prison business and Dog of the Week are US retailers. Lastly, a rundown of the biggest headlines heading into the weekend. 00:00 - Encumbered incumbents? 2:45 - The Fed cuts rates again 7:00 - Mortgage rates rising 10:20 - Global economies react to Trump’s win 16:45 - Stock of the Week: Prison business 19:10 - Dog of the Week: Retailers 23:00 - Other headlines Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

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Penn and ESPN Gamble on New Partnership & Credit Card Debt Soars Over $1 Trillion

Penn and ESPN Gamble on New Partnership & Credit Card Debt Soars Over $1 Trillion

Episode 121: Neal and Toby discuss ESPN's $2 billion deal with Penn Entertainment to launch a betting app. The guys also get into why Penn sold Barstool Sports back to Dave Portnoy and just exactly wh...

9 Elo 202329min

PayPal Enters Crypto Game with New Stablecoin & Warren Buffett is Crushing It Right Now

PayPal Enters Crypto Game with New Stablecoin & Warren Buffett is Crushing It Right Now

Episode 120: Neal and Toby explain why Paypal is entering the Stablecoin game and what that could mean for their crypto business. Plus, Berkshire Hathaway shares have never been higher and LA workers ...

8 Elo 202328min

The Billion $$$ NCAA Shakeup & Zoom Says Remote Work is Dead

The Billion $$$ NCAA Shakeup & Zoom Says Remote Work is Dead

Episode 119: Neal and Toby are back from the weekend and are breaking down the college conference realignment that is costing millions in television deals. Plus, remote work is officially dead as Zoom...

7 Elo 202328min

Apple Sales in a Major Slump & Your AI Dating Wingman

Apple Sales in a Major Slump & Your AI Dating Wingman

Episode 118: Neal and Toby celebrate Friday by diving into Apple and Amazon earnings reports, including Amazon's blowout profit and why Apple is struggling with sales... But customers have over $10 bi...

4 Elo 202327min

Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Economists Scrap Recession Forecasts & Amazon's Grocery Store Overhaul

Episode 117: Neal and Toby discuss Bank of America economists scrapping their recession forecast and what it could mean on a larger scale. The guys also get into why Amazon is overhauling their grocer...

3 Elo 202327min

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

US Debt Rating Gets Downgraded & How Uber Is Finally Making Money

Episode 116: Neal and Toby discuss Fitch downgrading the US debt rating from AAA to AA+, citing how close Congress was to defaulting on the debt ceiling as well as the insurrection. The guys also go t...

2 Elo 202328min

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Biden's Plan for $0 Student Loan Payments & How A.I. is Shaping the Future of Warfare

Episode 115: Neal and Toby discuss President Biden's new student loan plan that could cost borrowers... $0 a month? Plus, the first ever Nuclear reactor that was built from scratch and how it went $31...

1 Elo 202327min

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Facebook's $20 Million Algorithm Study & Why Some Credit Card Companies Hate Marijuana

Episode 114: Neal and Kyle discuss the research published over the weekend that says Facebook algorithms are not responsible for political polarization. which comes on the tails of Meta's strong earni...

31 Heinä 202327min

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