Morning Brew Daily Why Oil Prices Could Tank the Economy & St. Louis Real Estate Market Plummets
Apr 15, 2024
Rising oil prices due to Middle East tensions could spell trouble for the economy. St. Louis faces a real estate downturn, with iconic buildings selling for peanuts. Broadway's revival is underway, but ticket sales might not keep up. McDonald's is making a comeback with bagels in California, adapting to new wage laws. Meanwhile, the Forever Stamp is feeling the pressure from rising costs. The hosts also discuss political turmoil and the latest buzz in entertainment, from the WNBA draft to Taylor Swift.
AI Snips
Chapters
Books
Transcript
Episode notes
Oil Prices Threaten Economy
- Rising oil prices due to Middle East tensions threaten the global economy.
- This is because energy costs affect all industries, impacting gas prices and goods transportation.
St. Louis Doom Loop
- St. Louis's downtown office vacancy exemplifies a wider Midwest struggle.
- This is due to pandemic effects and suburban competition.
Broadway Boom
- A historic number of Broadway shows are opening in a short period.
- This raises questions about market saturation and audience capacity.
