Feb 5, 2018

02/05/2018: Take a deep breath

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It's the Dow's biggest single-day point drop on record. We're starting off today's show with some context: What we know, what we don't and how serious to take it. Then: If you've ever had Wonderful Pistachios, POM pomegranate juice or…

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What happened to the Dow today?

by
Feb 5, 2018
Let's break down today's wild ride in the stock market. Should you be concerned?
A trading board on the floor of the New York Stock Exchange shows today's closing numbers.
Spencer Platt/Getty Images

Building an agricultural empire in a land of drought

Feb 5, 2018
The Wonderful Company produced more pistachios and almonds than anyone else in the world. But to make money, they need water.
A Wonderful Company citrus orchard.
Photo courtesy of Trent Davis Bailey/The California Sunday Magazine

It’s the Dow’s biggest single-day point drop on record. We’re starting off today’s show with some context: What we know, what we don’t and how serious to take it. Then: If you’ve ever had Wonderful Pistachios, POM pomegranate juice or Halo mandarin oranges, you’re familiar with The Wonderful Company, which operates one of the largest farms in the world. Despite record droughts in California, it actually increased yields. Plus: Economic theory says the Eagles’ first Super Bowl win last night was more valuable than what would have been the Patriots’ sixth. We’ll talk about why.

Music from the episode