Episode 707: Neal and Toby recap Zohran Mamdani’s victory to become the next mayor of NYC and how Wall Street is reacting. Then, the Supreme Court hears arguments to decide whether Trump’s sweeping tariffs are valid or not. Also, Michael Burry, the famous ‘Big Short’ investor who predicted the housing bubble is calling his next shot: the AI bubble. Meanwhile, Pizza Hut has been struggling for years and its parent company is considering selling it away. Finally, the government shutdown is now the longest in US history.
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0:00 - British dapper gents
2:00 - Mamdani wins NYC mayoral race
8:30 - SCOTUS hears Trump tariffs arguments
13:00 - ‘Big Short’ investor bets against AI titans
16:30 - Pizza Hut struggles
21:00 - Sprint Finish!