How Markets Are Reacting to Trump Shooting Attempt

Episode 365: Neal and Toby recap the assassination attempt at a rally in PA that grazed but ultimately missed former President Trump and how the markets are reacting. Then, a group of Goldman Sachs strategists are concerned the AI tech boom may actually be a bubble that could burst, leaving investors skeptical about its true payoffs. Next, the weekend’s winners: Alec Baldwin and Spain. Plus, a stegosaurus up for auction is drawing much attention – and criticism. Meanwhile, the Seine River is becoming a symbol of Paris’ readiness to take on the Olympics. Lastly, the biggest news you need to know this week.

00:00 - Get your MBD Shirt!
1:30 - Assassination attempt on Trump
6:00 - Is AI a bubble about to burst?
10:20 - Weekend winners: Alec Baldwin & Spain
15:10 - Dinosaur market booming
19:00 - Seine River clean up
21:30 - Week ahead

#trump #politics #election #ai #businessnews #tech #economy #worklife #hollywood #trial #spain #euro #soccer #sports #olympics #dinosaur #auction #wealth

Morning Brew Daily, a daily talk show that covers the latest news on business, the economy, and everything else, with Neal Freyman and Toby Howell. Witty, informative and everything you need to start your day. Available on all podcasting platforms and Youtube.

[dameneko]

I think the YT algo doesn't like the title -- I had to search for MBD this morning!
ETA: They updated the title to more algo-friendly phrasing.

[Anonymous-wgvx]

Spain also won a Sail GP race as welll!

[IshaanCH]

Notes:
1. Dinosaur fossils are being auctioned by Sotheby's. The stegosaurus fossil being sold is 161m years old, and is 80% complete. The market and prices for these fossils are volatile. Prices are volatile because institutions bid as well. Market because a few fossils show up as stolen goods and have to be returned. And name-recognition matters.
2. If tech companies are investing $1 trn on AI generative in the coming years, what trillion dollar problem will AI solve? Goldman Sachs published a note on the AI market being a bubble. Models have also gobbled up all the data available and it's hard to iterate.