Wall Street Loves Private Credit & US-China Chip War Heats Up
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What happened during the South Korea turmoil?
Alex Cooper of Call Her Daddy fame highlighted this year's class. Jason Tatum rode the success of his step back jumper to snag a spot. And Jacob Elordi got on for just being tall and handsome and really talented at acting, I guess. Neil, any takeaways from this year's crop of youths? Yeah, well, I didn't see your name, Toby. Oh, you had to bring it up.
I'm 33. Like, I don't even think about the 30 under 30. But you're still under 30, and I was looking at your name. There's 20 different industries. I mean, this is not a 30-person list. This is a 600-person list. They choose from fintech, media, celebrity, sports, et cetera. And, you know, I just didn't see. I was looking from H and I. I went to I, and there was no how. Here's the thing, Neil.
I got three more years, okay? My lower back pain hasn't kicked in yet, so yes, I didn't make it this year, but hey, there's always next year, right? And the year after that, and the year after that. Now, a word from our sponsor, Yahoo Finance. Neil, the Olympics are long gone, but I still want to talk about gold, silver, and bronze today.
For the last time, Toby, we are not doing a morning brew office Olympics. Curling with coworkers in the office chairs is not HR-approved.
No, I'm not talking about the MB Office Olympiad, which will happen at some point. I'm talking about Yahoo Finance's premium tiers.
How is China responding to US chip restrictions?
I have seen this on their site. They have three different tiers geared toward helping investors of all levels.
Bronze is aimed at more passive investors if you just want to monitor your 401ks or IRAs. Silver is best for your stock, ETF, and mutual fund investors. And finally, gold is a must-have if you are actively trading stocks, options, crypto, and more.
So what tier do you fall into?
Oh, I'm tier purple, which just means I'm tier Yahoo Finance as a whole. Free, premium, the whole shebang. If you want to check out the whole shebang or any of the tiers mentioned, head to yahoofinance.com.
For more extremely low prices, visit our stores or check out the Action app. Small prices, great fun.
What is the political situation in France?
Lots of big news abroad to report on, so we're going to kick off the show by discussing a trio of major happenings in South Korea, China, and France. First, South Korea plunged into chaos yesterday after President Yun Suk-yeol abruptly declared martial law late Tuesday night. banning all, quote, political activities and enabling him to take control of the news media in the world's 13th largest economy. Yoon said the measure was necessary because the opposition party was too sympathetic to adversary North Korea and threatened the country's constitutional order. Korean stocks plunged on this absolutely shocking news, and the country's currency, the won, cratered nearly 3% against the dollar. With the martial law declaration swiftly condemned as a dangerous, cynical political ploy by other politicians, including Yoon's own party, the National Assembly convened just a few hours later and voted to end martial law by a count of, get this, 190 to zero.
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Chapters
6 chapters
1
What happened during the South Korea turmoil?
1:15–2:31
2
How is China responding to US chip restrictions?
2:31–3:25
3
What is the political situation in France?
3:25–5:12
4
Why is private credit gaining popularity on Wall Street?
5:12
5
How does ChatGPT relate to David Mayer?
3:57–5:30
6
What are the latest headlines?
5:30–28:36
Speakers
4 identifiedMore from Morning Brew Daily
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