Powell Backing Off "Transitory" View // Rivian Seeks $60B Valuation in IPO - 11/2 (Hour 1)
(0:40) - The guys open discussing inflation and how Fed Chair Jerome Powell has backed off his stance that the ongoing inflation we're seeing is "transitory".
(12:33) - Worker shortages are persisting, and the guys talk about how wages continue to grow while the upper hand belongs to employees.
(25:51) - Referred to by Barry as "the worst airline in America", American Airlines has canceled hundreds more flights and are blaming weather and staffing issues.
(32:28) - A conversation about Amazon-backed automaker Rivian, which seeks an IPO valuation of around $60 billion.