episode-header-image

Jan 2019

43m 49s

The Bad Deals Edition

About this episode

On this week’s episode, Anna, Emily, and Felix remember Jack Bogle, discuss constant Brexit drama, and take a look at bad dealmaking.

In the Slate Plus segment: New York City Mayor Bill de Blasio’s proposed vacation plans for New Yorkers. Email: slatemoney@slate.com

Twitter: @felixsalmon, @Three_Guineas,@EmilyRPeck

Podcast production by Max Jacobs.

Stories discussed:

The Wall Street Journal: Five Ways Jack Bogle Changed the World of the Everyday Investor

The Guardian: Corbyn Could Face String of Resignations if He Backs “People's Vote”The Huffington Post: Exactly How Bad Is Trump at Making Deals? Even Worse Than You Think.

New York: Mayor de Blasio Aims to Guarantee All New Yorkers a Paid Vacation

PEW Research Center: Young Adult Households Are Earning More Than Most Older Americans Did at the Same Age

PEW Research Center: Americans Are Moving at Historically Low Rates, in Part Because Millennials are Staying Put

Obama White House Archives: 15 Economic Facts About Millennials

The Federal Reserve: Report on the Economic Well-Being of U.S. Households in 2017

BuzzFeed News: How Millennials Became the Burnout Generation

The Wall Street Journal: Fed Says Student Debt Has Hurt the U.S. Housing Market

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next

Argentina First?

This week: Felix Salmon finally gets to nerd out on Argentina's economy as Trump goes against the GOP playbook by bailing the country out to the tune of $20 billion. Felix, Elizabeth Spiers, and Emily Peck break down why this is such an unusual move, how it shows Trump’s favoriti ... Show More

Money Talks: How Basquiat's Art Became a Good Investment

In this Money Talks: Felix Salmon is joined by Doug Woodham, author of the upcoming biography Jean-Michel Basquiat: The Making of an Icon, to discuss Basquiat’s path to becoming a darling of the art market. They discuss the idiosyncrasies of the art market and why Basquiat – the ... Show More

Three-Headed AI Unicorn

This week: NVIDIA has announced a $100 billion investment in OpenAI to help build out data centers equipped with NVIDIA chips. Felix Salmon, Elizabeth Spiers, and Emily Peck, joined by Bloomberg’s Max Chafkin, examine the complexities of this massive deal and why it might feed th ... Show More

Recommended Episodes

Less is not always more in economic data

It’s Friday, folks! Today we’re talking about some news coming from former President Donald Trump, who has vowed to take away key spending powers from Congress if reelected. We’ll get into what that would mean in practice. Plus, we’ll talk through the latest from the Bureau of La ... Show More

The recession that’s always six months away

Federal Reserve Chair Jerome Powell took a trip to Capitol Hill this week to testify about the health of the U.S. economy. We’ll get into the TL;DR of Powell’s testimony and why he doesn’t foresee a recession around the corner. And, we’ll talk about how political campaigns are sp ... Show More

The problem with Trump’s idea to replace income taxes with tariffs

A new pitch from former President Donald Trump calls for replacing income tax with tariffs. We’ll get into why the math doesn’t add up. Plus, chemical hair relaxers are making Black women sick, so why are they still being sold? And, we’ll weigh in on Apple entering the AI race, H ... Show More

Trump's Terrible, Popular Tariffs

In this week's The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and Peter Suderman counter the twisted logic of former President Donald Trump's recent claim that he would raise tariffs on all Chinese imports if he were to retake the White House. 00 ... Show More

The Economic Theory That Explains Why Americans Are So Mad

There’s something weird happening with the economy. On a personal level, most Americans say they’re doing pretty well right now. And according to the data, that’s true. Wages have gone up faster than inflation. Unemployment is low, the stock market is generally up so far this yea ... Show More

Surveillance: Conservatives Are Without Party, Says George Will

Today's episode begins with a conversation from Bloomberg TV with Antony Phillipson, British Consul General to New York, on the 75th Anniversary of D-Day. Following, Neil Shearing, Capital Economics Group Chief Economist, says that Mexico may fold to the U.S. in trade negotiation ... Show More

Surveillance: Stimulus Standoff With Furman

Tony Dwyer, Cannacord Genuity Chief Market Strategist, says a negative feedback loop will become great enough that lawmakers in Washington will reach a stimulus deal. Lisa Hornby, Schroder Investment U.S. Fixed Income Portfolio Manager, says there is a tremendous dislocation betw ... Show More

One Thing: Is the Economy Really Booming? Gen Z Isn’t So Sure.

Despite blockbuster jobs numbers, robust consumer spending, and easing inflation, many Americans do not feel good about the US economy. The negative feelings are especially strong amongst young people struggling to pay their bills. Meanwhile, many are finding it hard – if not imp ... Show More

Political: Am I Normal?

Emily, John and David discuss Donald Trump’s attempts to seize voting machines, the racist attacks on the yet-to-be-named SCOTUS nominee, and they are joined by Joseph Allen, director of the Healthy Buildings program at Harvard University's T. H. Chan School of Public Health, to ... Show More

What federal rulemaking power has to do with the economy

The Supreme Court is hearing two cases that deal with a foundational part of administrative law, known as the Chevron deference, which gives federal agencies broad powers to create policies and regulations. We’ll explain the fight over the Chevron deference and how the economy co ... Show More

Listen to millions of songs and podcasts on Anghami