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A
When I found out I was going to be a parent, I immediately felt a lot of anxiety and worry. So I went on to BetterHelp to try to look for a therapist to help me with that.
B
My relationship with my family and with my boyfriend and with myself were suffering. I really needed help.
C
I was ruminating a lot. Really getting those thoughts out to a therapist and getting feedback was just life changing.
D
Discover what BetterHelp online therapy can do for you and visit betterhelp.com today.
E
This is Scott Becker with the Becker Business and the Becker Private Equity Podcast. Today's discussion is I ran US sign Memorandum of Understanding and meet the new Fed boss the same as the old boss. So so here's the discussion today. I'll just go through a few stories that we're watching closely. First, the markets look to rebound today on the signing of the US Memorandum of Understanding. Second, the markets had dropped yesterday as the new Fed chairman Kevin Warsh said he is very committed to fighting inflation. As the whole old who song goes, meet the new boss, same as the old boss. I think President Trump thought he was going to get somebody that was going to lower rates, but they have to fight inflation and there is inflation. So a challenging, challenging situation. Third, a great piece in the Wall Street Journal on the concept that I can't replace the rainmaker so that you've got a situation in big investment banks, AI is doing more and more the rote task, the modeling task, the spreadsheets that excels, but it can't replace the judgment, the wisdom, the rainmaker, and some of those things that are still absolutely needed. Fourth, Apple says it's going to have to raise prices on its iPhone just when my iPhone seems to be running out of gas because chips are in short supply. They've also said that they're going to start investing with intel in building chips. Fifth, one of the things I love about Elon Musk becoming a trillionaire, and we have a separate podcast, and it's coming out tomorrow, is how inadequate it makes many of the billionaires feel. It's a great reminder that billionaires, they want to be like Mike, they want to be like Elon. But to never get too high on yourself, there's always someone that's richer or thinner or better. It is what it is in a nearby local town. To us, every mildly successful professional walks around like they're all that. Another town, there's a few billionaires that strut like they are peacocks. Now they can all take that strut one down notch as Elon outpaces All of them back to working on their hobbies, Back to therapy. Sixth My golf game. A little bit like Rodney Gingerfield. I get no respect. No respect at all. It is what it is. First finally. Seventh and this is not the Babylon Bee. It's not April Fool's Day. Allbirds, the shoe company jumped 40% as it rebranded to Smart Birds and focuses on AI, not shoes. Ultimately, God bless America. And as PT Barnum said, there's a sucker born every minute. Those are them. Thank you for listening to the Becker Business and the Becker Private Equity Podcast.
A
When I found out I was going to be a parent, I immediately felt a lot of anxiety and worry. So I went on to BetterHelp to try to look for a therapist to help me with that.
B
My relationship with my family and with my boyfriend and with myself were suffering. I really needed help.
C
I was ruminating a lot. Really getting those thoughts out to a therapist and getting feedback was just life changing.
D
Discover what BetterHelp online therapy can do for you. Visit betterhelp.com today.
Host: Scott Becker
Date: June 18, 2026
In this succinct solo episode, Scott Becker unpacks major headlines impacting markets, private equity, and business. He covers the new US–Iran Memorandum of Understanding (MOU), the appointment of the new Federal Reserve Chairman, technological disruption in investment banking, challenges at Apple, the cultural influence of Elon Musk’s wealth, and lighter business oddities. The tone blends sharp market commentary with Becker’s classic wit and memorable metaphors.
[00:31]
[00:52]
“As the old Who song goes, ‘meet the new boss, same as the old boss.’ I think President Trump thought he was going to get somebody that was going to lower rates, but they have to fight inflation and there is inflation.”
[01:23]
“You’ve got a situation in big investment banks, AI is doing more and more of the rote tasks…the spreadsheets…but it can't replace the judgment, the wisdom, the rainmaker, and some of those things that are still absolutely needed.”
[01:56]
“Just when my iPhone seems to be running out of gas because chips are in short supply.”
[02:16]
“It’s a great reminder that billionaires, they want to be like Mike, they want to be like Elon. But to never get too high on yourself, there’s always someone that's richer or thinner or better. It is what it is in a nearby local town. To us, every mildly successful professional walks around like they’re all that. Another town, there’s a few billionaires that strut like they are peacocks. Now they can all take that strut one down notch as Elon outpaces all of them.”
[02:47]
“I get no respect. No respect at all. It is what it is. First finally.”
[02:52]
“And this is not the Babylon Bee. It's not April Fool's Day. Allbirds, the shoe company, jumped 40% as it rebranded to Smart Birds and focuses on AI, not shoes.”
“Ultimately, God bless America. And as PT Barnum said, there's a sucker born every minute. Those are them.”
“Meet the new boss, same as the old boss.” — Scott Becker ([00:52])
“AI is doing more and more of the rote task…but it can’t replace the wisdom, the rainmaker…” — Scott Becker ([01:23])
“Just when my iPhone seems to be running out of gas because chips are in short supply.” — Scott Becker ([01:56])
“Every mildly successful professional walks around like they’re all that. Another town, there’s a few billionaires that strut like they are peacocks. Now they can all take that strut one down notch as Elon outpaces all of them…” — Scott Becker ([02:16])
“Allbirds…jumped 40% as it rebranded to Smart Birds and focuses on AI, not shoes…there’s a sucker born every minute.” — Scott Becker ([02:52])
Scott Becker delivers commentary in a conversational, insightful, and dryly humorous tone, weaving sharp business insights with cultural observations and self-deprecating wit.
Useful for listeners seeking a quick, expert overview of current business headlines, with plenty of quotable insights and a few laughs.