S&P 500’s Worst Day of the Year & GLP-1s Are Costing Retailers in Returns

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 8 June 2026

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

#862: Neal and Toby talk about how the Nasdaq and S&P 500 suffered the worst day of the year. Plus, why Americans on GLP-1s are overwhelming retailers with increased returns and why the Bears’ Indiana move isn’t final despite celebrations. Finally, who won the Tony’s? To learn more visit https://www.sage.com/morningbrew 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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ This is a paid advertisement. Today's episode of the Morning Brew Daily Show is brought to you by Sage — a trusted global provider and leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. The following commentary reflects general information about Sage and its products. Specific features, capabilities, and availability may vary by product, region, and customer requirements. To find out more, visit sage.com/morningbrew. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	marketers tell us if this sounds familiar you invest in something that seems incredible like
0:06.1	millions of views but then don't see any revenue instead invest in what looks good to your
0:10.9	cfo lincoln ads generates the highest row ads of all major ad networks spend 250
0:16.7	on your first campaign on lincoln ads and get a $250 credit.
0:21.1	Just go to LinkedIn.com slash MBD.
0:23.9	That's LinkedIn.com slash MBD.
0:26.1	Terms and conditions apply.
0:28.6	Good morning, Brutley Show.
0:30.9	I'm Neil Fryman.
0:31.7	And I'm Toby Howell.
0:32.6	Today, the stock market's blistering rally came to a screeching halt.
0:36.7	Then, GLP1 drugs are leading to return
0:39.2	flation much to retailers chagrin. It's Monday, June 8th. Let's ride. Good morning. It's
0:50.8	great to be back and huge thanks to our team for holding out the fort while we were out late last week. Folks, I'm hurting. Don't go to a Toby Howell Bachelor party if you
1:00.5	haven't been through Marine Corps basic training. Got gashes on my hands and knees, a severe
1:05.8	sunburn on my neck, and a demoralized ego. Overall, the nine of us competed across 18 events, including basketball, beer, mile, punt pass, kick, paddleboarding, home run, derby, push-ups. And I came in last place. Thought I was mildly athletic, but then again, I've never competed against a bunch of D-1 soccer players. Toby, don't know about you. I'm excited to just sit for a while. But did you have fun,
1:27.7	Neil? I did have a lot of fun. Okay, good. Yeah, we definitely went extremely hard. My brother
1:33.2	Vibe coded a website to keep track of all the points totals. And I think some audits are in order
1:38.5	because I did finish first. My brother finished second. My brother-in-law finished third. So
1:44.0	very suspicious there.
1:45.9	I think my favorite was taking portions of the LSAT, G-R-E, S-A-T, and MCAT. Shout out to doctors,
1:52.6	because the MCAT, that was the hardest test I've ever seen in my entire life. And again,
	...

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