Is the Inflation Reduction Act Working? & Why Warren Buffett is All In On the US Housing Market

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 2.8K Ratings

🗓️ 16 August 2023

⏱️ 29 minutes

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Summary

Episode 126: It's been a year since the Inflation Reduction Act has passed, and Neal and Toby discuss exactly what the bill has done with billions of investments into clean energy and jobs, and and what it is still expected to do. Plus, Argentina's insane interest rates and why Warren Buffett is going all in on the US housing market. Also, the makers of Bazooka bubblegum and the underwear brand 'Parade' were purchased for hundreds of millions of dollars. And finally, how the drought in the Panama Canal is impacting the global shipping industry and the Australian Supermarket poisonous mushroom mystery. Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Listen to the Our Future Podcast Here: https://chartable.com/podcasts/our-future-looking-beyond-with-michael-sikand Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good Morning Brew Daily Show, I'm Neil Fryman.
0:02.4	And I'm Toby Howell.
0:03.3	On today's pod, we are celebrating the one year anniversary
0:06.3	of the Inflation Reduction Act,
0:07.9	which does just about everything but tackle inflation.
0:10.8	And the investor famous for the big short
0:13.5	is back at it again with another big bet against Wall Street.
0:16.9	Then we'll check in on the high inflation
0:19.2	and higher interest rates in Argentina
0:21.8	before ending with a murderous mystery involving dead X in laws
0:26.7	and mushrooms in Australia.
0:28.8	It's Wednesday, August 16th.
0:30.8	Let's ride.
0:36.0	Toby, I got completely roasted by our listeners
0:39.3	for saying yesterday that no one drinks twisted tea
0:42.2	in our discussion of Duncan's new spiked iced tea line.
0:45.9	Apparently a lot of you love twisted tea,
0:48.8	which in hindsight makes a lot of sense
0:50.5	because in the sentence before I said it was unpopular,
0:53.6	I also said it was by far the biggest player
0:56.0	in this spiked iced tea market
0:57.9	and Boston Beer Company's most lucrative product.
	...

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