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Morning Brew Daily
Tech Rout Wipes Away $1.1T & Another ‘DeepSeek’ Moment?
Mar 11, 2025
The podcast dives into the recent tech stock meltdown, where $1.1 trillion vanished in a flash—leaving investors rattled. Canada’s new prime minister, Mark Carney, aims to tackle U.S. tariffs with economic nationalism. Meanwhile, a groundbreaking Chinese AI, Manus, aims to create a general AI agent, stirring excitement and skepticism alike. The discussion also reflects on COVID-19's lasting impacts, highlighting the rise of remote work while the cruise industry bounces back and the at-home fitness trend fades away.
28:40
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- The drastic decline of tech stocks, particularly in the Nasdaq, is driven by investor anxiety over potential economic recession and policy changes.
- Mark Carney's election as Prime Minister of Canada signifies a new era focusing on economic sovereignty and navigating complex U.S. trade relations.
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Investing Made Simple
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