Charlie Munger Dies, AT1's Are Back & Ackman's Rate Cut Bet

Charlie Munger Dies, AT1's Are Back & Ackman's Rate Cut Bet

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) The famed investor Charles Munger has died at the age of 99. As Warren Buffett's right hand man for almost 60 years he helped transform Berkshire Hathaway from a failing textile maker into a global conglomerate.

(2) Two Federal Reserve officials who led the push for higher interest rates to curb inflation last year signaled they could be comfortable holding rates steady for now, reinforcing expectations that the central bank's current hiking cycle is done.

(3) Billionaire investor Bill Ackman tells Bloomberg he is betting the Federal Reserve will begin cutting interest rates sooner than markets are predicting.

(4) Hamas has turned over 12 more hostages — 10 Israelis and two Thai citizens — to the Red Cross, according to the Israeli prime minister's office, despite earlier competing claims of violations of the deal that brought their war to a temporary pause.

(5) A special report on risky AT1 bonds which are booming again after being decimated by the implosion of Credit Suisse.

See omnystudio.com/listener for privacy information.

Episoder(1077)

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Iran War Without Timeline, Energy Shock Inflation Threat, Airlines Stranded by War

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Netflix Walks Away, Greens Win UK By-Election, Putin's War Machine Pain

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Netflix dropped out of the fight to buy Warner Bros. Discovery, clearing the way for rival bidder Paramount Skydan...

27 Feb 20min

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Nvidia the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales...

26 Feb 17min

Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump offered a strident defense of his administration and economic record, declaring the nation ...

25 Feb 18min

Global 10% US Tariff in Force, AI Scare Trade Roars Back, How Much for AI Ray Bans?

Global 10% US Tariff in Force, AI Scare Trade Roars Back, How Much for AI Ray Bans?

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Donald Trump’s new 10% global tariffs went into effect on Tuesday, kicking off a White House effort to preserve th...

24 Feb 19min

US Trade Deals On Edge, Tariff ‘Chaos’ Hits Europe, Pension Fund Implosion

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Your morning briefing. All the news you need to start your dayOn today's podcast: (1) Senior US officials said President Donald Trump’s tariff defeat at the Supreme Court won’t unravel deals negotiate...

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