#237 - Fires, Strikes and Brazilian Success

Oct 4, 2024

Discussing the historic port strikes in the U.S., the hosts explore their potential to disrupt supply chains and elevate inflation. They delve into the impact of automation on labor demands and protectionist policies in battery manufacturing, contrasting it with China's strategic energy investments. The inadequacies of insurance coverage in the wake of flooding in North Carolina reveal deep socioeconomic divides. Lastly, they analyze Brazil's recent credit rating upgrade and its implications, while highlighting the public's increasing concerns about crime.

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Chapters

Transcript

Episode notes

Intro

00:00 • 4min

Labor Strikes and Automation: A Modern Dilemma

03:32 • 20min

Navigating Protectionism in Battery Manufacturing

23:39 • 13min

Insurance and Economic Disparities

37:06 • 8min

Corporate Efficiency vs. Long-term Stability

45:30 • 8min

Brazil's Economic Outlook and Credit Rating Insights

53:08 • 3min

Rob and Jacob take a step back from a crazy week to talk about some of the other stories that have been outshone by the explodey events of the week: port strikes in the U.S., the pitfalls of protectionism, Brazilian success, insurance markets, and more. The podcast delves into the significant labor unrest currently affecting ports on the Gulf and East Coast of the United States, marking the first major strike since 1977. Jacob Shapiro and Rob Larity explore the implications of this strike, particularly its potential impact on the supply chain during the crucial holiday shipping season and the broader economic consequences, including inflationary pressures. They draw parallels to past labor movements and discuss the evolving dynamics of labor and production in the U.S., highlighting the challenges posed by automation and protectionist policies. The conversation also touches on the geopolitical context, emphasizing how current events in the Middle East and elsewhere are intertwined with domestic labor issues. Furthermore, they reflect on the inadequacies of insurance coverage in light of recent flooding in North Carolina, illustrating the hidden vulnerabilities within both personal and corporate risk management.

Timestamps:

00:01 - Intro
00:47 - Port Strikes in the US and Historical Context
09:50 - Impact of Port Strikes on Supply Chains
39:57 - Insurance and Risk Management Insights
53:25 - Brazil's Economic Situation and Credit Ratings
54:55 - Conclusion and Final Thoughts

Jacob Shapiro Site: jacobshapiro.com

Jacob Twitter: x.com/JacobShap

CI Site: cognitive.investments

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Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients’ material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).

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