The Best One Yet

🧊 “YETI vs Trump” — YETI Coolers’ tariff solution. The Federal Reserve’s independence. Chicken Tenders’ biz lesson.

Nov 11, 2024

YETI Coolers just saw a 10% stock boost! Discover how they tackle tariffs and the potential impact of political changes. The independence of the Federal Reserve is under scrutiny, with a nod to its rich history. Chicken tenders, only 50 years young, reveal a fascinating business evolution. Did you know 70% of people have a 'Work Wife' or 'Work Husband'? It turns out, these relationships can be beneficial in the workplace, making this conversation both insightful and amusing!

22:33

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Episode notes

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Quick takeaways

YETI's innovative strategy to cut Chinese production and transfer some costs to consumers demonstrates how companies adapt to tariff challenges.

The Federal Reserve's emphasis on its independence reflects the importance of prioritizing economic stability over political pressures in financial governance.

Deep dives

Yeti Coolers and Tariff Impact

Yeti Coolers recently experienced a notable 10% increase in stock prices, attributed to the brand's innovative strategies regarding tariffs. This company, known for its premium outdoor products, operates with 80% of its goods manufactured in China. With Trump's potential implementation of significant tariffs on imported goods, Yeti plans to cut its Chinese production down to 50% by next year. To mitigate the effects of tariffs, Yeti intends to pass some costs to consumers and explore production in alternative countries while maintaining a diverse customer base.

Intro

3min

Yeti Coolers' Strategic Adaptations Amid Tariff Changes and Federal Reserve Independence

12min

The Evolution of the Chicken Tender: A Culinary Success Story

6min

Celebrating Chicken Tenders and Current Economic Insights

2min

Celebrating Veterans and Work Relationships

3min

YETI Coolers’ stock just jumped 10%... and Yeti shows how companies will handle tariffs.

The Federal Reserve’s independence is under threat right now… so we whipped up its epic history.

Chicken tenders are beloved today, but they’re just 50 years old… in that meat is a business lesson that applies to all.

Plus, 70% of us have a “Work Wife” or “Work Husband”... and that’s a good thing.

$YETI $QSR $SPY

Want more business storytelling from us? Check out our new deep-dive show…

“The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers.

New episode every week. 45-minutes. Listen here: Wondery.fm/TheBestIdeaYetLinks

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