0903 | Fed Fault Lines, Credit Calm, and a Volatile World

A calmer stock market hides big crosscurrents: Fed officials split over rate hikes, credit and Treasury markets flashing warnings, corporate drama from Nvidia's Hugging Face deal to Campbell's slump, and geopolitics from oil surges to tariffs. Plus travel, retirement savings, and a Honey Deuce cocktail to close. Timeline: 00:00:04 Opening 00:00:33 Fed's Waller vs. Warsh: Rates, Inflation, and the Market Rally 00:02:29 Calm Credit Markets, Hidden Trillion-Dollar Dislocation 00:04:23 Private Credit Pressure Points 00:05:12 AI Momentum: Nvidia-Hugging Face and the Adoption Phase 00:07:08 Retail Trading Mania and Market Movers 00:08:04 Oil on the Edge: Iran Strikes and the War-Fueled Trade 00:09:03 Trade Tensions: Canada Retaliates, China Auto Ban Push 00:09:53 Retirement Records—and Retirement Leaks 00:10:43 Institutions Under Strain: Endowments and City Budgets 00:11:32 Travel Wobbles: Self-Inflicted Problems and Trade-Down 00:12:22 Corporate Pains: Campbell's Slump and ChargePoint's Turn 00:13:09 Scandals and Courtrooms: Wine Fraud and Leon Black 00:13:49 A Lighter Finish: Honey Deuce, Boxing, and the NFL Goes Global 00:14:50 Closing View episode details → https://bri.so/show/episode/01a06949-faf4-736d-a9b4-9dd2076d3148 This episode is produced by Bri. Bri uses advanced AI technology to turn the feeds you care about into podcasts made for listening. https://bri.so Contact us at [email protected].