Episode 531: Neal and Toby talk about the arrival of Trump’s sweeping 25% tariffs on Mexico, Canada, and China that, many analysts believe, could cause prices to soar, especially cars. Then, the public rift between President Trump and Ukraine’s President Zelensky has caused an upswing of European defense stocks as the continent prepares for the worst. Also, chip maker TSMC announces a $100 billion investment on US plants to avoid tariffs. Meanwhile, Toby shares the trend of stuffed pizza crusts. Finally, a rundown of the headlines you need to know. 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 is not affiliated with TikTok or YouTube. Invesco Distributors, Inc.
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Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, tariffs on Mexico, Canada, and China have gone into effect, sending shockwaves through global trade.
Then, turns out that the biggest Trump trade of them all was European defense stocks. It's Tuesday, March 4th. Let's ride.
If you watched the Oscars Sunday night, you saw Adrian Brody give a really long speech after winning Best Actor for his role in The Brutalist. You may not have known you were also watching history. Clocking in at 5 minutes and 40 seconds, it was the longest acceptance speech in Oscars history, topping the previous record, Greer Garson's set, in 1943 by 10 whole seconds.
When it was clear Brody was going well into overtime, the orchestra tried to play him off, Brody dismissed them, saying, I will wrap up, turn the music off, I've done this before, and promise to be brief, which turned out not to be the case. Toby, this probably disqualifies him from being tapped for any future best man speeches.
That is the worst part of it all. is that a fair amount of words of this speech were dedicated to talking about how he didn't want to go on too long, how this wasn't his first rodeo, to shushing the orchestra. If you're going to have a speech that long, at least use the words wisely, just to put his 5 minutes and 40 seconds spiel into perspective.
That's nearly three times as long as the Gettysburg Address, which clocked in at about two minutes. A speech so long, it should have had an intermission, like the Brutalists. Now a word from our sponsor, Invesco QQQ. Neil was looking at my screen time report the other day, and it was a little bit shocking. I thought you deleted TikTok.
I did, but I spent an embarrassing amount of time in my brokerage account. It's been wild out there, and I can't stop looking.
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