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Morning Brew Daily

Mortgage Rates Skyrocket to 20-Year High & Is Tourism Helping or Hurting Maui?

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 18 August 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Episode 128: Neal and Toby dive right in and discuss what has sent mortgage rates to the highest they have been in over 20 years and how US Treasury Yields are closing in on a 16-year high. They also discuss the debate in Hawaii of whether tourism could help or hurt Maui as the island recovers from devastating wild fires. Also, if you're investing your 401k properly you could be a millionaire by the time retirement comes around. The guys share their stock and dog of the week and James Harden sells 10,000 bottles of his wine on a Chinese livestream. Finally what high schools are investing millions into dining options and football fields. 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, Brudalee Show, I'm Neil Fryman.

0:02.2

And I'm Toby Howell.

0:03.1

On today's pod, tensions are rising in Maui

0:05.4

over whether tourists should be encouraged

0:07.2

to come to areas of the island not hit by wildfires.

0:10.4

And we'll tell you how NBA player James Harden

0:13.2

sold 10,000 bottles of wine in 10 seconds.

0:16.3

Then we'll dig into some 401k data from Fidelity

0:19.6

that shows the use are actually all right

0:21.9

when it comes to savings.

0:23.5

Plus, one small golf company quietly had

0:26.4

the best IPO of the year this week.

0:28.5

So you know, Neil and I have to dig into that.

0:30.8

It's Friday, August 18th.

0:32.7

Let's ride.

0:37.9

All right, Toby, did you see what we wrote about

0:39.7

in our intro in the newsletter this morning?

0:42.2

We get up too early that the newsletter

0:44.3

hasn't hit my inbox.

0:45.2

I know, it's coming out right now.

0:46.4

Anyway, kind of mind blowing fact from Neil deGrasse Tyson

0:49.6

that he posted in a TikTok video.

...

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