The Best One Yet 🌎 “Pan-cession” — Global recession risk. Chipotle’s tariff-free avocado. Clocking out at 4:39pm.
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Apr 7, 2025 The looming threat of a global recession, dubbed a 'Pan-cession,' is dissected amid falling stock values. Chipotle's fruitless quest for tariff-free avocados adds a twist to the economic discussion. Workers are now leaving the office earlier, but not without some trade-offs. And in a quirky fashion note, Nvidia's CEO's leather jacket steals the spotlight as the hottest new trend. Join in for a mix of economic insights, cultural shifts, and a few laughs along the way!
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The Jensen Jacket
- Nvidia CEO Jensen Huang's signature black leather jacket has become a fashion trend, dubbed the "Jensen jacket".
- Retailers now offer various versions, making it a more accessible alternative to expensive Nvidia products.
Pan-cession
- The trade war caused the stock market's worst week since the pandemic, sparking recession fears.
- Global retaliation to new tariffs suggests a potential "pan-cession," a global recession triggered by a political crisis.
Chipotle's Avocado Quest
- Chipotle, a major avocado buyer, spent seven years seeking tariff-free sources.
- Despite diversifying to South America, they still rely on Mexican imports and face tariff costs.