This chapter explores the impact of a recent Federal Reserve rate cut on various economic metrics, such as inflation and GDP growth, while highlighting the need for individuals to adjust their financial strategies. It transitions into a startling global event involving the use of pagers by militant groups, linked to an intricate attack by Israel's Mossad, raising questions about regional stability. The narrative also touches on the challenges faced by a Taiwanese company embroiled in international scandal over these pagers and the competitive landscape of augmented reality technology.
Episode 413: Neal and Toby recap the Fed’s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid’s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. 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.
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00:00 - Toy Hall of Fame
02:40 - The Fed cuts rates
08:10 - Pager explosion supply chain
12:45 - Snap AR Spectacles
17:45 - Norway EVs
20:00 - Costco housing
23:00 - Spain concert venue fail
26:00 - Tupperware bankruptcy
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