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Morning Brew Daily

Poor Jobs Report Feeds Recession Fears & Another Company Leaves CA for TX

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 5 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

Episode 380: Neal and Kyle break down last month's jobs report and why experts are fearing a recession following the markets latest fall. Then, why consumers are turning to Amazon after growing tired of locked up products in CVS and Target. Next up, Chevron is the latest company to leave California for Texas. Why is it so trendy? Speaking of trends, Americans are all in on purchasing small cars. The guys share their winners of the weekend and spoiler, it's an Olympic special. And finally a look at the week ahead. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316  Want to hear Kyle's takes on all things work life? Check out his new show, Per My Last Email, here: https://link.chtbl.com/59PknMsy Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Have a question or need how to advice? Just ask meta a

0:03.1

AI whether you want to design a marathon training program or learn what planets are visible in tonight's sky

0:08.1

Meta a I has the answers. Expand your world with meta a I

0:16.0

Good morning for a daily show, I'm Neil Freiman. And I'm Kyle Hagegy.

0:18.0

Today, markets are cratering after a spooky jobs report.

0:22.0

Do not, I repeat, do not open your brokerage account today.

0:25.4

And we'll talk about how retail or strategy

0:27.2

of locking up your toothpaste

0:28.8

has backfired spectacularly.

0:31.2

It's Monday, August 5th.

0:33.0

Let's ride.

0:35.0

The man, the myth, the legend, Kyle Haggi, is here today to fill in for Toby who's living his best

0:44.9

Northern Michigan life for just one more day. Kyle the people want to learn

0:48.9

more about you so I've got an I've heard I've got an icebreaker

0:52.0

question. Okay hit me with it.

0:53.0

Which Olympic team do you think you'd have the best chance of making the cut for?

0:57.0

Olympic basketball, men's easy answer.

1:00.0

I played growing up.

1:02.0

Okay.

1:03.0

I'm not LeBron James, but I think I could be a great personality hire for the team.

1:06.0

I think so too.

1:07.0

You'd be an amazing locker.

...

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