WBEZ education reporter Sarah Karp brings us all the info, plus we get reaction from parents, teachers, students, and the teacher’s union president on today’s announcement that Chicago Public Schools will do remote learning for at least the 1st quarter of the year.
CoinDesk Podcast Network - BREAKDOWN: Hedgeye CEO Keith McCullough on Stagflation, Bitcoin and the Devalued Dollar
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- Robinhood doubles quarterly trading revenue
- Square did $875 billion in bitcoin revenue in Q2 - up 600% YoY
- ADP report: 167,000 jobs added in July (instead of expected 1.2 million)
Our main conversation is with Hedgeye CEO Keith McCullough.
Before building Hedgeye into a “no-excuses provider of real-time investment research and a premier online financial media company,” Keith worked at hedge funds including Carlyle Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners and Dawson Herman Capital Management.
In this conversation, he and NLW discuss:
- Hedgeye’s “Full Cycle Investing” approach and GIP (Growth, Inflation, Policy) methodology
- How the economy was in a period of slowing growth and slowing inflation before COVID-19
- How we’ve moved into a stagflation period in response to the money printing prompted by the crisis
- Why bitcoin, gold, emerging market stocks and commodities are likely to thrive in this environment
- Why most narratives are BS
- Why the “Old Wall” media distracts rather than educates
Check out our guest online:
Website: Hedgeye.com
Twitter: @KeithMcCullough
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Everything Everywhere Daily - Lloyd Burke: American Badass
The highest and most prestigious award in the United States military is the Medal of Honor. It is awarded for only acts of extreme valor and bravery. Established during the Civil War in 1863, it has been awarded 3,506 times.
If you read through the list of Medal of Honor recipients, you will read stories of heroism, honor, and sacrifice.
Of all of the Medal of Honor winners, there was one recipient’s story that really stood out to me. It went beyond bravery and valor to just genuine badassery.
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Stuff They Don't Want You To Know - What is ‘Antifa?’
If you've been watching the news, you've probably heard journalists and pundits throwing around the word "antifa," often in relation to protests. The phrase, a portmanteau of "anti-fascist," has been used to describe multiple groups and individuals. It's become the subject of several conspiracy theories as well - but what exactly is "antifa"? Tune in to learn more.
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At least 100 people are now confirmed dead in a titanic blast in Beirut. Picking up the pieces after Isaias -- the storm kills at least six and knocks out power to millions. The nation's midsection is its new center of the coronavirus pandemic. Correspondent Matt Pieper has the CBS World News Roundup for Wednesday, August 5, 2020.
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The Intelligence from The Economist - One nation, under gods? India’s divisive temple
Consecration at Ayodhya, the country’s most contested holy site, is another tick box in Prime Minister Narendra Modi’s Hindu-nationalist agenda. Is India’s foundational secularism at risk? The pandemic has been particularly cruel for those with dementia and Alzheimer’s; we examine new research that gives them a ray of hope. And the massive, wheel-terms growth in e-bike sales. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
The Best One Yet - “Last pod until August 17th” — Take Two’s video game record. Disney’s ecosystem un-magic. Feather’s $30M rental furniture.
Our final Snacks Daily pod before vacation — We return to the mics on Monday, August 17th (we’ll miss ya until then, Snackers). In the meantime, Disney’s earnings underline the pain COVID is inflicted on physical businesses. Take Two’s video games are benefiting from the elusive double sales wave. And Feather is trying to become the Rent The Runway of furniture.
$TTWO $DIS
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What Next | Daily News and Analysis - A Teacher Weighs Her Options
Schools in Oklahoma are preparing to reopen, but special education teacher Nancy Shively won’t be among the teachers going back to school. Shively, who has pre-existing medical conditions, has been forced to choose between her own health and the education of her students. She says President Trump’s response to the coronavirus has led her to question her support for him and the Republican Party.
Guest: Nancy Shively, a teacher from Skiatook, Oklahoma
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The NewsWorthy - Beirut Explosion, Promising COVID Research & Flight to Nowhere- Wednesday, August 5th, 2020
The news to know for Wednesday, August 5th, 2020!
We'll tell you about:
- a deadly explosion in the Middle East
- new promising COVID-19 research
- which sports leagues seem to be doing better than others & why
- a big change to the 2020 Census count
- what now rivals Apple's AirDrop
- who is offering a flight to nowhere
Those stories and more in just 10 minutes!
Award-winning broadcast journalist and former TV news reporter Erica Mandy breaks it all down for you.
Head to www.theNewsWorthy.com to read more about any of the stories mentioned under the section titled 'Episodes' or see sources below...
This episode is brought to you by www.Blinkist.com/news.
Thanks to The NewsWorthy INSIDERS for your support! Become one here: www.theNewsWorthy.com/insider
Sources:
Deadly Beirut Explosion: AP, CBS News, Reuters, NBC News, How to Help
Isaias Damage, Deaths: AP, USA Today, ABC News, Axios, CBS News, National Hurricane Center
U.S. Coronavirus Death Toll: Johns Hopkins
Another Vaccine Shows Promising Results: CNN, CNBC, Stat
Convalescent Plasma Study: WSJ, WaPo
US Census Schedule Cut: AP, NBC News, ABC News, NY Times, Fill Out Census
Millennials, Younger Now U.S. Majority: CNN, AP, Brookings
Android Version of Airdrop: Engadget, CNBC, Google
NHL Success: NBC Sports, ESPN, CNN, CBS Sports, DraftKings, NYMag
Taiwan’s Flight to Nowhere: CNN, Travel + Leisure, STAT News
Work Wednesday: Virtual Internships: Reuters
Short Wave - How Gene Therapy Helped Conner Run
Gene therapy has helped a 9-year-old boy regain enough muscle strength to run. If successful in others, it could change the lives of thousands of children with Duchenne muscular dystrophy. NPR's Jon Hamilton tells us about Conner and his family...and one of the scientists who helped develop the treatment, a pioneer in the field of gene therapy.
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