Aug 1, 2017

08/01/2017: A lot happened while you were busy watching Washington

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The Trump administration has been pretty distracting. White House comings and goings, tweets, health care, all of it. So today we're bringing you a few stories you might have missed recently. To start, we'll talk car sales, which are tanking, and the bond market, which may or may not be in a bubble. Then: Wells Fargo is somehow still in trouble for something else. Plus: Just a couple generations ago, hunting was a way of life for some families. It put food on the table. Now fewer people are getting up early and putting on camo — but those who do are spending more.

Segments From this episode

Amid urbanization and expense, hunting declines as a hobby

Aug 1, 2017
Fewer Americans are hunting as a hobby, but those that are still hunting, are spending more money doing it.
Leith Konyndyk kneels with his son's first turkey, which they took home to clean and turn into barbecue.
Blake Farmer/for Marketplace

Keep an eye on bonds, not the stock market

by
Aug 1, 2017
Alan Greenspan is warning in an interview with Bloomberg that we are in a bubble, a bond market bubble. The former Fed Chairman is concerned that inflation might surprise us and bond prices might fall sharply at some point in the near future. Here’s why that would be a disruptive thing. Click the audio player […]

You don't need to be a college grad to work in tech

IBM has a special program to hire people without four-year degrees.
A computer technician connects a computer into a network server in an office building in Washington, D.C.
ANDREW CABALLERO-REYNOLDS/AFP/Getty Images

Detroit carmakers cut production amid sales slump

Aug 1, 2017
July sales are down across the board for the Detroit Three automakers, 15.5 percent for GM, 10 percent for Chrysler and 7.5 percent for Ford. That makes seven straight months of declines for the U.S. auto industry at large. Now, considering the last two years basically broke every kind of sales record in the books, […]

Does Snap’s stock market performance mean we have valuations all wrong?

Aug 1, 2017
There’s something of a disconnect happening between what’s known as the private market — what companies are worth before they go public — and what those companies are worth once they have their initial public offering. Examples A and B today are the meal kit delivery service Blue Apron and Spap of Snapchat fame. The companies’ stocks haven’t […]

Wells Fargo scandals could mean sweeping consequences

Aug 1, 2017
First, there was a scandal over millions of fake Wells Fargo accounts that broke last year. Then, accusations of changes to mortgages without notifying customers. Now, Wells Fargo faces a class-action lawsuit over selling car insurance policies to hundreds of thousands of customers who did not need it from 2012 to 2017. All this could […]

The Trump administration has been pretty distracting. White House comings and goings, tweets, health care, all of it. So today we’re bringing you a few stories you might have missed recently. To start, we’ll talk car sales, which are tanking, and the bond market, which may or may not be in a bubble. Then: Wells Fargo is somehow still in trouble for something else. Plus: Just a couple generations ago, hunting was a way of life for some families. It put food on the table. Now fewer people are getting up early and putting on camo — but those who do are spending more.

Music from the episode

Pigs - Instrumental Aesop Rock
Modern Columns French Wives
Skipping Rocks Oddisee