Stock Market Surges After 'Aggressive' Fed Rate Cut & Costco Launches New Product...Housing?

Published: Sept. 19, 2024, 11:06 a.m.

Episode 413: Neal and Toby recap the Fed\u2019s decision to make an aggressive cut by 50-basis points and how the stock market reacted. Then, a deadly attack in Beirut caused by exploding pagers has everyone wondering why these pagers are connected to Taiwan. Next, Snap launches their latest AR glasses that are built for developers. Meanwhile, Neal shares his favorite numbers from Norway EVs, Costco housing, and Real Madrid\u2019s noisy stadium. Lastly, the once iconic Tupperware brand files for bankruptcy. 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.\n\nTo learn more about how Wise could work for your business, visit https://wise.com/business\n\nGet your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316\xa0\n\nListen to Morning Brew Daily Here: https://link.chtbl.com/MBD\n\nWatch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow\n\n00:00 - Toy Hall of Fame\xa0\n02:40 - The Fed cuts rates\n08:10 - Pager explosion supply chain\xa0\n12:45 - Snap AR Spectacles\n17:45 - Norway EVs\n20:00 - Costco housing\n23:00 - Spain concert venue fail\n26:00 - Tupperware bankruptcy\xa0\nLearn more about your ad choices. Visit megaphone.fm/adchoices