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The Young Investors Podcast

The EU is Picking Fights With Everyone!

Jul 6, 2024
The podcast covers EU's issues with Meta, Tesla's delivery numbers, Redbox bankruptcy, and the impact of high interest rates. They also discuss the decline of DVDs, EU antitrust actions, and criticism of a political figure's debate performance.
45:30

Podcast summary created with Snipd AI

Quick takeaways

  • US focusing on sustainable inflation before policy changes
  • Australian consumers show active spending despite economic challenges

Deep dives

Jerome Powell's Update on the US Economy

Jerome Powell stated at a central banking forum in Portugal that the US has made progress in bringing inflation back to target levels. He emphasized the need for sustainable inflation around 2% before considering policy changes, echoing previous statements.

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