Morning Brew Daily ‘Shadow Fed Chair’ Lurking Over Powell? & Apple’s Huge Gamble on ‘F1’
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Jun 27, 2025 Apple is making waves with its bold investment in a Brad Pitt-led Formula 1 movie, aiming for box office success. Meanwhile, speculation surrounds Trump potentially naming a new Fed Chair sooner than expected. Nvidia impresses again as the Stock of the Week, while NYC real estate faces panic with the rise of a Democratic primary win. Lastly, tourism to Japan surges as Americans capitalize on a weakening Yen, showcasing evolving travel trends.
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Apple’s ‘F1’ Big Movie Gamble
- Apple's 'F1' movie is a $250 million investment seeking to boost its limited big-screen success.
- Apple uses the film to align with its premium brand and promote iPhone technology innovatively.
Trump’s Early Fed Chair Strategy
- Trump plans to announce Jerome Powell's Fed replacement unusually early to install a shadow chair.
- This move risks undermining Fed's independent authority and worries investors.