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02/05/2018: Take a deep breath

Traders work on the floor of the New York Stock Exchange on February 5, 2018 in New York City. Following Fridays's over 600 point drop, the Dow Jones Industrial Average fell over 300 points after the Opening Bell. Spencer Platt/Getty Images

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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 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.

Segments From this episode

What happened to the Dow today?

by Sabri Ben-Achour Feb 5, 2018
Let's break down today's wild ride in the stock market. Should you be concerned?

Building an agricultural empire in a land of drought

by Amy Scott and Sean McHenry Feb 5, 2018
The Wonderful Company produced more pistachios and almonds than anyone else in the world. But to make money, they need water.

Music from the episode

Dreams - 2004 Remaster Fleetwood Mac
Coffin Nails MF DOOM
Burn the Witch Radiohead
Relief in Believing Jon Ososki

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