The Rundown White House Weighs Stakes in Defense Stocks, Eli Lilly Clears Hurdle for Weight-Loss Pill
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Aug 26, 2025 The podcast dives into President Trump's tariff threats against China and discusses their impact on the stock market. It highlights Eli Lilly's breakthrough with a new weight-loss pill that could disrupt the market. The podcast also covers AT&T's massive $23 billion acquisition of EchoStar and the resulting stock reactions. Lastly, it takes a critical look at the Burning Man Festival, questioning its viability amidst extreme weather and diminishing ticket sales.
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Rare Earth Magnets Are Strategic Leverage
- China controls about 90% of the global supply of rare earth magnets, making export controls a major leverage point.
- Trump's tariff threats could disrupt industries that rely on these magnets and rattle markets if enacted.
Fed Independence Under Political Pressure
- President Trump is actively challenging the Federal Reserve's independence by attempting to remove a board governor.
- Markets may react negatively to political interference in monetary policy decisions.
Reassess Holdings If Government Becomes Shareholder
- Investors should consider the risks if the U.S. government takes equity stakes in strategic companies like Intel or Lockheed.
- Evaluate whether you want to own shares that could face political influence over business decisions.