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Marketplace Morning Report

CBS and POC

Sep 23, 2019

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This Is Uncomfortable

Justin Ho

Reporter

SHORT BIO

I'm a finance reporter.

What was your first job?

Grocery bagger.

What do you think is the hardest part of your job that no one knows?

In radio, you get a lot of people making pledge drive jokes, or jokes about Ira Glass, or “Prairie Home Companion.” People don’t realize that there are plenty of other jokes to make about public radio. Like making fun of bumper music, or the fact that we still use landlines, or the phrase “sustaining member.” Lot of comedic potential right there. It’s very hard dealing with this — I have to tell people this stuff all the time.

In your next life, what would your career be?

I’d stay in radio, probably. Best not to second-guess these things. Who knows what would happen if I became, like, a real estate agent or something. Might be happier, might not be.

What is something that everyone should own, no matter how much it costs?

Stainless Steel Vertical Sausage Stuffer 3L/7 lbs

Latest Stories from Justin (140)

Why this yield curve inversion could be different

by Justin Ho Aug 14, 2019
This time around, it may not be telling us that a recession's on the way.
Investors, spooked by economic fears, dumped stocks on Wednesday, sending the Dow Jones Industrial Average down 800 points. Above, the New York Stock Exchange.
Photo by Spencer Platt/Getty Images
Trade showdown

The trade war’s only the latest problem facing America's dairy industry

by Justin Ho Aug 8, 2019
Even before the trade war began, American dairy farms were dealing with low prices and oversupply throughout the global market.
Cows wait to be milked at the Faria Dairy Farm in 2009 in Escalon, California.
Justin Sullivan/Getty Images

The Fed enters the instant-payment fray

by Justin Ho Aug 6, 2019
The Federal Reserve has plans for a new instant payment network, set to launch in 2023 at the earliest. But critics say the Fed's waiting too long, given that a rival instant payment network already exists.
The Federal Reserve building in Washington, D.C., in 2008.
Chip Somodevilla/Getty Images

For CPTPP members, the party's just getting started

by Justin Ho Aug 2, 2019
While it hasn’t been long since the CPTPP was ratified, member countries are starting to see the benefits of reduced trade barriers.
Signatories of the CPTPP pose for the official picture before signing the 11-nation trade pact in Santiago, Chile in 2018.
Claudio Reyes/AFP/Getty Images

Why U.S. interest rates won’t go negative ... yet

by Justin Ho Jul 31, 2019
The Federal Reserve just announced it’s cutting interest rates. But in many parts of the world, interest rates are in negative territory. Given the right circumstances, U.S. rates could go negative, too.
Dan Kitwood/Getty Images

Why American banks are hammering the competition

by Justin Ho Jul 23, 2019
Big U.S. banks have European banks beat. But many of the struggles European banks are facing could start affecting American banks soon.
JP Morgan Chase headquarters in New York City.
Spencer Platt/Getty Images

How long can Disney keep "The Lion King" franchise going?

by Justin Ho Jul 23, 2019
With the release of the latest Lion King movie, Disney is pushing forward a brand that’s been around for more than a quarter of a century.
The cast of Disney's The Lion King performs onstage at the 37th Annual Daytime Entertainment Emmy Awards held at the Las Vegas Hilton in 2010 in Las Vegas, Nevada.
Ethan Miller/Getty Images

Why banks are doubling down on wealth management services

by Justin Ho Jul 23, 2019
For big banks, loans and stock trading are becoming less reliable sources of income.
A flag flies outside the Bank of America Corporate Center in downtown Charlotte, North Carolina.
Davis Turner/Getty Images

What's the rationale for selling a private company's stock ahead of an IPO?

by Justin Ho Jul 19, 2019
WeWork co-founder Adam Neumann has been raising cash against his stake in the company. Turns out that kind of practice is becoming more common.
A man walks into a WeWork office in Washington, D.C.
Mandel Ngan/AFP/Getty Images

Texas billionaire H. Ross Perot dies at 89

by Justin Ho and Associated Press Jul 9, 2019
The businessman and two-time independent presidential candidate was outspoken on the subject of federal spending.
H. Ross Perot before a California Senate committee in 2002.
Justin Sullivan/Getty Images