CEOs Sound Off Against Tariffs & The NCAA Case Upending NIL

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 8 April 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 556: Neal and Toby dive into how a single post on X about a tariff pause set the markets ablaze while the White House denies the credibility of the post. Then, Jamie Dimon, Bill Ackman, and other Wall St. big heads are publicly expressing their concerns about the tariff-induced market wipeout. Plus, a pivotal NCAA settlement case out in California could fundamentally change how athletes are paid by their schools for NIL. Meanwhile, Toby looks at the trend of metal braces making a comeback. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Checkout TaxAct for more! Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Nintendo President named… Bowser? 2:15 - One post = market madness 7:00 - CEOs have a warning 10:30 - NCAA game changing case 17:30 - Toby Trends: Braces 20:00 - Sprint Finish! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's smart to always have a few financial goals.
0:03.1	And a really smart one you can set?
0:04.8	Earning cash back on what you buy every day.
0:07.3	And with Discover, you can.
0:08.9	Get this.
0:09.8	Discover automatically matches all the cash back you've earned at the end of your first year.
0:14.4	Seriously, all of it.
0:15.7	And we trust you to make smart decisions.
0:17.7	After all, you listen to this show.
0:19.7	See terms at discover.com
0:21.1	slash credit card.
0:24.8	Good morning for your daily show. I'm Neil Fryman. And I'm Toby Howell. Today, Jamie
0:29.7	Diamond leads a chorus of billionaires slamming tariffs. Then how a single tweet added,
0:34.7	then erased trillions of dollars from the U.S. stock markets.
0:38.3	It's Tuesday, April 8th.
0:40.3	Let's ride.
0:41.3	So the Nintendo of America president was making the media rounds yesterday, discussing the impact of the trade war on the Switch 2,
0:51.3	the company's much anticipated new console, whose pre-sales have been
0:55.0	delayed due to tariffs.
0:56.9	And that's interesting, but what you really need to know is this guy's name is Doug Bowser.
1:03.3	Yes, Bowser, like Mario's arch nemesis.
1:06.3	The Nintendo executive and the video game villain have no connection, but it could be a sign
	...

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