Episode Details

Ben and Tom discuss China's "Zero-Covid" Policy and its impact on the global market, primarily the slowing of Apple's production of new iPhones. Meta plans large-scale layoffs, and Apple released a short, somewhat odd press release blaming the city of Zhangzhou, and their Covid policy, on the slowing iPhone production. Berkshire Hathway saw negative EPS, and Buffet released a somewhat odd statement - essentially he claimed that anyone nervous about negative earnings for Berkshire didn't understand accounting. Elections on Tuesday and CPI on Thursday.

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