David Brancaccio
๐ค SpeakerAppearances Over Time
Podcast Appearances
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How everyone with a pickup truck has felt the effects of a tariff that never goes away.
I'm David Brancaccio.
After the Dow rose 1,325 points yesterday, 2.9%.
Futures are down 0.3% this morning.
The wholesale price of oil down 17% yesterday is back up nearly 5% this morning, $99 a barrel.
It's about market players trying to guess if the U.S.-Iran ceasefire will hold.
Here's Marketplace's Nancy Marshall-Genzer.
We get a key inflation reading later this morning.
Ahead of that, interest rates are steady.
I'm just back from 900 miles on historic Route 66, which turns 100 this year.
It was the Pacific Ocean to Albuquerque stretch, first in a Waymo driverless taxi, then a carbon-rich 1966 Oldsmobile for about a minute, then my plug-in gas-electric hybrid Chevy Volt for a while, and then my friend's all-electric SUV.
Me and two pals, Jamie Kittman, a veteran automotive writer, and John Krafcik, a veteran automotive CEO.
And at this time of reverse globalization, those two car guys kept referring to something called the chicken tax.
John's on the board at Rivian now, so you can guess the brand of electric car we were sitting in when I got John to tell this story of transatlantic protectionism.