What Trump Tariffs Mean for Prices & Fed Cuts Rates, but Mortgages Are Up?

In this episode of the Good Morning Brew Daily podcast, the hosts delve into the aftermath of the US midterm elections, particularly examining how Trump's victory is influencing both the US and global economies. They discuss the Federal Reserve's recent interest rate cuts and how they contrast with rising mortgage rates. The conversation also explores the potential impact of Trump's proposed tariffs on various countries and industries, identifying the winners and losers in the evolving global trade landscape. To lighten the mood, the podcast wraps up with some lighter news, including the FDA's plan to remove phenylephrine from cold medications and the retirement of a viral breakdancer.