Vince Duffy, news director, Michigan Public, joined Chuck at the Society for Advancing Business Editing and Writing Conference in Philadelphia to discuss how the media handles its coverage of soft versus hard data and whether those stories — and others — are politicized. Duffy also talks about coverage priorities and the difficulties of balancing news that consumers need with the things they most want.
Vijay Marolia, chief investment officer at Regal Point Capital, joins the optimists in his assessment of last week's jobs data, though he does suggest the numbers have room to flex and will make it hard for the Federal Reserve to cut rates quickly or deeply. He also discusses the wild GameStop bid to buy eBay, and revisits Jane Street Capital, the market maker he discussed a week ago, covering why it has become so important and why foreign regulators believe the company may be gaming the system.
David Trainer, founder and president at New Constructs, looks at the cash burning tendencies of some popular stocks — including two members of the Magnificent 7 — and puts them in the Danger Zone, noting that the burn rates suggest that there are potential troubles ahead.
Plus Chuck gives his surprising takeaway from the SABEW event, one he says he formed mostly during the long drive home, which he interrupted to fill his gas tank at prive levels that were painful.