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Morning Brew Daily

US Markets vs the World & OpenAI's ‘PhD-Level’ AI Agent?

10 Mar 2025

Description

Episode 535: Neal and Toby discuss if recent market activity are reasons to believe the US is losing its lead as the most sought after financial destination. Then, a report says OpenAI may be planning a top, top-tier AI agent that could provide PhD levels of research for a hefty price. Also, Abrdn firm is returning the vowels back into its name after years of online ridicule. Meanwhile, sports analytics and Stephen A. Smith are the weekend’s winners. Finally, a preview of the week ahead.  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. Invesco Distributors, Inc.

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Transcription

Full Episode

0.329 - 20.877 Advertisement Narrator

This episode is brought to you by Wise Business. The Wise Business account has everything you need to do business globally. It's a one-stop shop for all your international business finances. You can get paid, pay vendors and suppliers, and manage your business finances in 40 currencies. With Wise Business, there are no hidden fees, markups on the exchange rate, and no ongoing subscription costs.

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21.057 - 25.539 Advertisement Narrator

Get started today at wise.com business. That's wise.com business.

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28.598 - 39.929 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, the once-dominant U.S. stock market is getting lapped by other countries in 2025. What's behind the changing of the guard?

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40.209 - 48.377 Toby Howell

Then, can an AI agent that costs $20,000 a month ever be worth it? It's Monday, March 10th. Let's ride. Let's ride.

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53.715 - 74.574 Neal Freiman

Good morning. Welcome back to the week. It might be a rougher start to the day than usual, especially if you're a parent of a young kid or dog, because overnight on Sunday, Americans lost an hour of sleep as daylight saving time began. The idea of daylight saving time is to add more sunshine in the evening over the summer to encourage more activity and get us all to spend more money.

75.054 - 87.057 Neal Freiman

But here's a fun fact. Not all 50 U.S. states observe daylight saving time. There are two holdouts, Arizona and Hawaii, for whom Sunday was just a normal day. Toby, why don't they spring forward?

87.257 - 106.923 Toby Howell

I am so glad you asked, Neil. For Arizona, it's hot. Summers in particular are very hot. So when the clocks spring forward and sunset is an hour later, that would keep people out later during hot months, and no one wants that. State leaders also believe that springing ahead and falling back would increase efficiency. energy consumption because of all those extra AC costs.

107.323 - 126.273 Toby Howell

As for Hawaii, it is close enough to the equator as is, so it gets plenty of sunlight without shifting time, so no need to go around changing clocks twice a year. So if you needed any extra motivation to move to Hawaii or Arizona, add the stasis of their clocks to the list. Now a word from our sponsor, Invesco QQQ.

126.593 - 131.516 Toby Howell

So not sure if you guys know this, but Neil and I get the same exact smoothie every single day for breakfast.

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