Episode 691: Neal and Toby unpack the latest chapter in the US-China trade war and how markets reacted to tensions renewed. Then, auto-parts supplier First Brands has its CEO step down after a financial implosion leaves billions of dollars of debt. Next, the Nobel prize is awarded to 3 economists who introduced the concept of “creative destruction” to describe the economic growth made by innovations. Meanwhile, recently fired Penn State coach James Franklin gets paid an exorbitant amount to leave. Finally, what you need to know in the week ahead.
00:00 - Trivia night
3:15 - Trade war renewed
8:15 - First Brands implodes
12:30 - Nobel Prize goes to economists
18:30 - James Franklin gets $45M buyout
22:30 - Week Ahead
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