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Episode 391: Apple Intelligence, Trump & Musk, and Taxing Unrealized Capital Gains
September 12, 2024
In the first trading week of September, the S&P 500 fell 4.2%, the monthly jobs report showed the labor market added fewer jobs than expected, and weak manufacturing data led stocks to their worst day since early August. In episode 391, Jared discusses market volatility and economic data, as well as topics such as Apple’s AI selling point for its new generation of iPhones, Donald Trump’s proposed government efficiency commission headed by Elon Musk, and Kamala Harris’s idea to introduce a 25% minimum tax on total income (including unrealized capital gains) for individuals with wealth over $100 million.
Time stamps:
00:19 — Market Volatility and Economic Data05:18 — Apple’s AI Feature and iPhone Sales08:33 — Government Efficiency Commission Headed by Elon Musk11:24 — Taxing Unrealized Capital Gains18:09 — Private Equity Stocks19:10 — Upcoming Release of
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