September Stinks for Stocks & Why Tech is All About "Founder Mode"

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 4 September 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 402: Neal and Toby try to figure out why the stock market historically slumps in September. Will this year be any different? Then, the latest trend out of Silicon Valley has everyone talking about “founder mode,” and why it goes against “manager mode.” Also, the wine industry is drying up with major wine producers selling off brands as people aren’t pouring their favorite red or white anymore. Meanwhile, Toby looks at the trend of solo dining across America. Next, a viral TikTok trend has people thinking they could get “free” cash from ATMs, when they’re really committing a crime. Don’t try this at home, kids. Lastly, Spain’s hottest dating spot is now the…supermarket?? Visit https://www.massmutual.com/ for all your financial planning needs 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 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Top 50 cereals of all-time 3:30 - September stocks sorta stinks 8:00 - What’s up with “founder mode”? 12:20 - Wine industry is drying up 17:20 - Toby’s trends: solo dining 21:30 - Viral ATM trend gone wrong 24:30 - Spanish dating in the supermarket 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 Freiman.
0:04.2	And I'm Toby Howell.
0:05.2	Today, why was the stock market a giant dumpster fire yesterday?
0:09.4	Blame the month of September.
0:11.6	Then Silicon Valley found a new buzzword to obsess over founder
0:16.2	mode. It's Wednesday September 4th. Let's ride. Welcome, welcome. This is for anyone who listens to Morning Brew Daily while
0:28.8	scarfing down a bowl of cereal. The publication complex published a list of the 50 best breakfast cereals of all time
0:36.8	and we want you to get irrationally angry about it and debate it with your friends.
0:41.2	I'll read off the first five and Toby you can tell me what they got right
0:45.3	and what they got wrong. Number one, cinnamon toast crunch. Number two, honey nut
0:50.5	Cheerios. Number three, Captain Crunches Crunchberries, Number 4, Oreo O's, and Number 5, Fruit Loops.
0:58.8	Now my initial observation is that three of the top 5 have individual units that are owes so the
1:05.6	closer your serial resembles to its nutritional value the higher up in the
1:09.8	ranking it is fall off to number two in honey nut cheerios which is getting by on like
1:24.4	longevity and name recognition at this point but really my bone to pick is with
1:29.4	number four Oreos did a kindergartner write this list because you are right that is a
1:35.3	nutritionally bereft cereal it is a cookie not a cereal and then finally get
1:40.9	out of here with fruit Loops at number five.
1:42.8	Give me honey bunches of votes.
1:44.3	Give me frosted many weeds.
1:45.8	Give me special K with strawberries, but miss me with that two can.
1:49.5	Okay, rant finished.
	...

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