Morning Brew Daily Market Reactions to Trump Shooting & Will the AI Bubble Burst?
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Jul 15, 2024 The podcast delves into the recent assassination attempt on Trump and its market repercussions. Goldman Sachs strategists voice concerns over the potential AI bubble set to burst. They discuss unexpected weekend winners, including Alec Baldwin and Spain's sports triumphs. The auction of a Stegosaurus fascinates and raises questions about private fossil collecting. Lastly, the Seine River's role as a symbol of Paris' Olympic preparation adds a whimsical touch to the discussion.
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Trump Assassination Attempt
- An assassination attempt on Donald Trump at a Pennsylvania rally resulted in one death and two injuries.
- Trump emerged with minor injuries; the suspect is dead, and explosives were found in his vehicle.
Reactions to Assassination Attempt
- Business leaders like Tim Cook and Jeff Bezos condemned the violence.
- Elon Musk endorsed Trump after the incident, while Bill Ackman offered formal support, promising an explanatory post.
Impact on Trump's Re-election
- Prediction markets show Trump's win chances at an all-time high of 70%.
- Historically, assassination attempts boost approval ratings, as seen with Ronald Reagan.