Episode 556: Neal and Toby dive into how a single post on X about a tariff pause set the markets ablaze while the White House denies the credibility of the post. Then, Jamie Dimon, Bill Ackman, and other Wall St. big heads are publicly expressing their concerns about the tariff-induced market wipeout. Plus, a pivotal NCAA settlement case out in California could fundamentally change how athletes are paid by their schools for NIL. Meanwhile, Toby looks at the trend of metal braces making a comeback. 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. Checkout TaxAct for more! Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Nintendo President named… Bowser? 2:15 - One post = market madness 7:00 - CEOs have a warning 10:30 - NCAA game changing case 17:30 - Toby Trends: Braces 20:00 - Sprint Finish!
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Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, Jamie Dimon leads a chorus of billionaires slamming tariffs.
Then how a single tweet added, then erased, trillions of dollars from the U.S. stock markets. It's Tuesday, April 8th. Let's ride.
So the Nintendo of America president was making the media rounds yesterday discussing the impact of the trade war on the Switch 2, the company's much anticipated new console whose pre-sales have been delayed due to tariffs. And that's interesting, but what you really need to know is this guy's name is Doug Bowser. Yes, Bowser, like Mario's arch nemesis.
The Nintendo executive and the video game villain have no connection, but it could be a sign of normative determinism, the theory that people tend to gravitate toward work that fits their names.
Well, if you thought that was a crazy bit of Nintendo naming lore, try this one on for size. There was this civil rights attorney, John Joseph Kirby, who famously defended Nintendo in a major IP case that allowed Nintendo to keep using the name Donkey Kong.
That win helped solidify the company's rise and also earned them the honor of being the namesake for their little pink character, also named Kirby. And get this, I'm named Toby because my mom stubbed her toe on a bee and Neil is named Neil because, okay. I'll stop. Let's get to the ad. A word from our sponsor, TaxAct.
If you run a small business and you're doing it in your own taxes right now, stop.
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