Recent major media stories that feel to us like they’re part of a larger narrative campaign.
Once a truthy-sounding explanation for a market crash is widely publicized, the crash stops. It becomes safe to get back in the water.
That’s true for China today just like it was true for Bitcoin a few weeks ago.
The great danger of generative AI lies in its use by governments and corporations to cement the most anti-human misalignment of all – the misalignment of rulers from the ruled, of the State from the People.
Last month, Fannie Mae launched a new financial product they call a Social Mortgage Backed Security, designed to “improve access to affordable housing” by lowering credit standards for borrowers. As ET contributor Chuck Marohn points out, this makes home prices in affected areas go up, and doesn’t touch truly cheap housing.
Recent major media stories that feel to us like they’re part of a larger narrative campaign.
Exclusively for Professional subscribers, I recently hosted ETF expert Dave Nadig for a wide-ranging discussion on everything you always wanted to know about ETFs (but were afraid to ask).
It’s one of the best things we’ve ever done, and regardless of how extensive your investing experience with ETFs might be, I promise you will learn something new here!
The central course of our children’s lives is being mind-warped by social media and smartphones, not in some ethereal ghost-in-the-machine sort of way but in an actual neural-wiring sort of way, and this research note by Kiril Sokoloff and the 13D team shows how.
Recent major media stories that feel to us like they’re part of a larger narrative campaign.
Over ten countries are currently engaged in hot wars in the Middle East. But you wouldn’t know if from the media coverage where what has been going on has received limited attention. In this episode we dig into why that is. We also cover Tucker Carlson’s recent interview with Vladimir Putin, Joe Biden’s attempts to tackle shrinkflation and airline seating, why politicians from both sides have no interest in addressing the border and the importance of embracing your yellow pants moment.
Today both Wall Street and the White House are determined to tell you a story that inflation is over and mission accomplished. Wall Street because they want a cheaper price of money and the White House because they want to win an election.
It’s not a lie, per se, but it’s not a truth, either. It’s all just story, all the way down.
And like all sclerotic institutions, Wall Street and the White House rely on their media organs to tell the story.