
Episode 532: Neal and Toby cover the latest on tariffs concerning China, Mexico, and Canada all signaling their intent to hit back with tariffs of their own against the US. And CEOs warn tariffs will increase the price of everyday goods. Also, Commerce Secretary Howard Lutnick considers removing government spending from GDP. Meanwhile, Waymo is ready to hit the road in Austin, Texas as it plans to showcase its launch at SXSW. Lastly, a quick rundown of the headlines from the day. 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 There are risks involved with investing in ETFs, including possible loss of money. ETFs are subject to risks similar to those of stocks. Investments focus in a particular sector, such as technology, are subject to greater risks and are more greatly impacted by market volatility, than more diversified investments. The Nasdaq-100 Index® includes the 100 largest non-financial companies listed on the Nasdaq. An investment cannot be made directly into an index. Invesco Distributors, Inc.
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Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, day one of the trade war sent stocks tumbling, businesses scrambling, and Canadians ditching their politeness.
Then Uber and Waymo are teaming up Power Ranger style this week to offer driverless rides in Austin. It's Wednesday, March 5th. Let's ride. Let's ride.
2025 is quickly becoming the year of the very long speech. Days after Adrian Brody set the record for the longest Oscars acceptance speech in history, President Trump last night delivered the longest speech ever before a joint session of Congress.
The unofficial State of the Union lasted one hour and 39 minutes, topping the previous record set by President Bill Clinton in 2000, who spoke for one hour and 29 minutes. No one longs for the days of Richard Nixon, but he gave the shortest State of the Union on record, clocking out after 29 minutes in 1972, or just about a Curb Your Enthusiasm episode.
So what the heck did he talk about? CNN calculated the exact minutes and seconds Trump... spent on each topic. Immigrants and crime got the most airtime with just under 10 minutes, followed closely by trade and tariffs at eight and a half minutes, which we'll get into what he actually said about that topic in our top story.
Elon Musk, who was in attendance, got a 40-second shout-out to go along with the two minutes spent talking Doge. That was more than the minute and 30 seconds he devoted to inflation, which was likely intentional. Neil, zero time spent thinking the Academy, though, which thankfully moved things along. Now a word from our sponsor, Invesco QQQ. Neil, I was thinking about longevity today.
Don't tell me you're taking magnesium pills and cold plunging. No, I'm thinking much bigger than that about companies that have stood the test of time, companies that make up the Invesco QQQ ETF. It's been tracking the NASDAQ 100 for over 25 years. It's basically been around longer than me. Aren't you 28? Ah, the last three years don't really count, but think about that. Invesco QQQ
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