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Pfizer begin trials of its Omicron vaccine. US troops on higher alert. Tom Brady hints at retirement. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Hi from a Korean hot-stone bed!
It’s Jay and Tammy this week, talking trash about Andy.
Plus:
* Pandemic alcoholism and human bonds: We read and discuss an essay in Jezebel, “I Got Sober in the Pandemic. It Saved My Life.” What has this tragic time clarified and obscured? What’s the off-ramp?
* Does a day-trader’s lunch budget say anything about inflation? People were mad about this New York Times story, but the Big Mac Index remains durable (Tammy gets the description about half-right). The tech stock market (read: Peloton, Netflix, Amazon) seems less durable.
* The Supreme Court will hear the Harvard / University of North Carolina case on affirmative action, with Asian American plaintiffs front and center. We assess the history of race and class in admissions and consider the wedge that is Asian America.
Thanks for hanging out! Please share, subscribe, and stay in touch via Patreon and Substack; email (timetosaygoodbyepod@gmail.com), Twitter, and Discord!
Trevor Marshall grew up in NY, and has been living in the state his whole life. His path into technology was not a direct one. Prior to school, he was on the road to becoming a professional musician, studying at Juilliard. However, early on in his schooling, he found the same sort of joy he got from music in other areas, initially through economics and combinatorics - and he was hooked on math and computer science.
Early on in life, Trevor's grandfather took him to the horse tracks, teaching him about the odds of a race. Fast forward several years post graduation from Columbia, he joined Morgan Stanley and got really excited about Bitcoin. He even went to his boss and asked if he could trade it... which he was promptly denied. However, that bold interaction solidified a match made in heaven for future working relationship.
In fact, when his now co-founder left, Trevor followed him to continue working together. Being really into Crypto, they both wanted to figure out how to introduce these new value streams to the masses. In order to do so, they needed to build a banking product that made sense for everyone... not just the wealthy.
This is the creation story of Current.
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In which a boring train ride from Devon leads to the creation of the modern paperback library, and John's daughter is a snob about sans serif typefaces. Certificate #41769.
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In November 1943, the Big Three leaders of the allied powers in world war II, Winston Churchill, Franklin Roosevelt, and Joesph Stalin, were scheduled to meet in person for the first time in Tehran, Iran.
When the Germans got wind of this, Hitler figured this would be a great opportunity to just kill all of his enemies at once.
Learn more about Operation Long Jump and Hitler’s plot to kill all of the allied leaders in one fell swoop, on this episode of Everything Everywhere Daily.
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Associate Producers: Peter Bennett & Thor Thomsen
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In The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors (Portfolio/Penguin, 2022), WSJ columnist Spencer Jakab weaves together personal narratives, the key market institutions, and social media to tell the fascinating tale of the GameStop short squeeze of early 2021. The surprising truth? What appeared to be a watershed moment—a revolution that stripped the ultra-powerful hedge funds of their market influence, placing power back in the hands of everyday investors—only tilted the odds further in the house’s favor. The Revolution That Wasn't is the definitive account of an event that has immediately joined the list of best and worst stock market moments.
Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at DanielxPeris@gmail.com or via Twitter @HistoryInvestor. His History and Investing blog and Keep Calm & Carry On Investing podcast are at https://strategicdividendinves...
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The Supreme Court announced yesterday that it will hear cases on the right of universities to consider race in admissions. The court has historically ruled that universities have a limited right to consider an applicant’s race during the admission process, but the court’s conservative majority could upend decades of precedent. Lawyer and journalist Jay Willis joins us to discuss what we can expect, what this might mean for affirmative action, and the future of higher education.
And in headlines: NATO said that its allies are sending military reinforcements to Eastern Europe amid tensions at the Ukrainian border, the Burkina Faso military announced that it seized control after overthrowing President Roch Marc Christian Kaboré, and four attorneys general filed a privacy lawsuit against Google.
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For a transcript of this episode, please visit crooked.com/whataday