Wall Street Loves Private Credit & US-China Chip War Heats Up

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 4 December 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 467: Neal and Toby bring news from around the world starting with the fallout of South Korea’s President declaring martial law, then lifting it less than 24 hours later. And, China hits back against the US’ chip crackdown. Then, French lawmakers could force its prime minister to resign. Meanwhile, Wall Street is investing billions of dollars into private credit as it looks to bring it to the masses. Plus, ChatGPT may have all the answers on the Internet, but it can’t bring itself to recognize the name “David Mayer.” Lastly, notable headlines that close out your day. Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 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://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - 30 Under 30 03:00 - South Korea Turmoil 06:00 - China Chip Wars 09:00 - France Chaos 11:40 - Private Credit on Wall Street 17:00 - ChatGPT Glitch 21:45 - Headlines Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:26.7	Windows PCs ever. Bachelor life varies with you station settings. Good morning, Brew Daily
0:33.0	show. I'm Neil Fryman. And I'm Toby Howell. Today, the mysterious man who broke ChatGPT.
0:38.8	Then what is private credit and why is it suddenly the hottest market on Wall Street?
0:44.0	It's Wednesday, December 4th.
0:45.8	Let's ride.
0:50.8	If you got a disappointed text from your parents yesterday, it was likely because Forbes dropped
0:56.3	their annual 30 under 30 lists, celebrating movers and shakers in various industries who don't
1:01.5	have lower back pain yet.
1:03.2	Alex Cooper of Call Her Daddy fame highlighted this year's class.
1:06.8	Jason Tatum rode the success of his stepback jumper to snag a spot, and Jacob Alorty got on for just being tall and handsome and really talented at acting, I guess.
1:16.3	Neil, any takeaways from this year's crop of youths?
	...

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