Senator Tim Scott, Beryl’s Landfall, & Going 0% ABV 07/09/24
Jul 9, 2024
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Republican Senator Tim Scott discusses the 2024 Presidential race and GOP's strategy. CNBC's Emily Wilkins covers debates within the Democratic Party. Hurricane Beryl aftermath in Texas. Bill Shufelt talks about the rise of non-alcoholic beer culture.
Senator Tim Scott potentially as Donald Trump's VP for 2024 Presidential race.
Effect of Hurricane Beryl on Texas causing power outages and fatalities.
Cultural shift towards non-alcoholic beers with Athletic Brewing leading the market.
Deep dives
State Street's Spy ETF Revolutionizes Investing
State Street's launch of the Spyder S&P 500 ETF 30 years ago revolutionized investing, inspiring a novel approach to investment globally. The ETF, known as Spy, offers investors a different way to invest, emphasizing the importance of considering funds' objectives, risks, charges, and expenses before investing. Spy's impact has reshaped investment strategies, aligning its risks with those of stocks.
Political Dynamics Surrounding President Biden's Health
Recent discussions about President Biden's health involve his interactions with a Parkinson's disease expert and ongoing physical examinations. The White House clarified that President Biden's health assessments include regular neurologist consultations during annual check-ups, ensuring no signs of neurological disorders like Parkinson's. Senators and lawmakers are scrutinizing Biden's health status, with debates intensifying on his ability to lead effectively.
Political Pressure on President Biden Amid Democratic Concerns
Pressure mounts on President Biden from within the Democratic Party following concerns over his performance and electability. Democrats, including members of Congress like Senator John Tester and Congressman Scott Peters, call for Biden to prove his competence for another term. While some defend Biden, growing apprehensions within the party prompt discussions on potential leadership changes to enhance electoral prospects.
Athletic Brewing, a non-alcoholic beer producer, secures a notable $50 million equity financing led by General Atlantic, indicative of the escalating interest in non-alcoholic beer. With surging production volumes and revenue growth, Athletic Brewing is transforming the craft beer landscape, offering high-quality non-alcoholic options. The company's success reflects shifting consumer preferences towards healthier, more inclusive beverage choices.
Future Prospects and Impact of Non-Alcoholic Beer Consumption
The rising popularity of non-alcoholic beers, exemplified by Athletic Brewing's success, signals a shift towards health-conscious and inclusive beverage consumption. Non-alcoholic beers cater to individuals seeking flavorful, refreshing options without the effects of alcohol. As consumers prioritize wellness and diverse drinking experiences, the non-alcoholic beer market continues to expand, providing a viable alternative for both alcohol consumers and non-drinkers alike.
Senator Tim Scott (R-South Carolina) is in the running for Donald Trump’s VP; he discusses the 2024 Presidential race and the GOP’s strategy while Democrats and President Biden stay in mainstream headlines. In DC, CNBC’s Emily Wilkins reports on the ongoing debates within the Democratic Party. After Hurricane Beryl made landfall in Texas, millions were without power and three had died. Plus, Athletic Brewing is the top non-alcoholic beer in the country. Co-founder and CEO Bill Shufelt explains the cultural wave of sober-curious drinkers.
