Ross Stores Rips 8% + Trump Strikes a Deal to Rebuild the Beef Herd | August 21, 2026 – Morning Market Briefing

Andrew, Ben, and Tom discuss Ross Stores surging 8% after raising full-year guidance on strong customer traffic with third-quarter comps now expected at 6-7%, Trump announcing a deal to import 300,000 metric tons of quota-free ground beef priced 25% below current market prices as the US works to rebuild its cattle herd, oil tankers reportedly waiting up to 30 days to load at Venezuelan ports amid aging infrastructure even as interest in Venezuelan crude grows, and Treasury Secretary Bessent's continued bond buybacks that the hosts argue are effectively reducing the national debt by repurchasing previously issued bonds at a steep discount.Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure