Lab Grown Diamonds for Christmas & Costco Joins Tariff Lawsuits
Brew Markets
Costco joins tariff lawsuits
Ann introduces the tariffs topic, Supreme Court hearings, and how companies may seek refunds if duties are overturned.
Episode 75: Today, Ann explores why the Omnicom-IPG merger, which created the world’s largest advertising company and is expected to generate more than $25 billion in revenue, might simply be “two drunks propping each other up on a lamppost”. Then we look at earnings out of Signet and what they signal for holiday jewelry shopping. Plus, we examine why Costco has joined a list of retailers suing the Trump administration, seeking a potential refund of tariff money. Finally, Ann weighs in on Michael Dell’s $6.25 billion donation to fund investment accounts for American children.
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00:00 Welcome to Brew Markets Daily
00:30 $OMC Merger Moment
06:00 $SIG EARNINGS
15:00 COSTCO JOINS TARIFF LAWSUITS
18:00 Market Close
20:00 Final Thought
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