Claudine Gay recently resigned as President of Harvard due to allegations of plagiarism. But the story behind that is far more important than the headline itself and gets at much bigger issues within the academic world, In the episode, we dig into those details. We also discuss what the recently launched ETFs mean for the future of Bitcoin, why attacks of hedge fund managers based on the carried interest deduction are misplaced, whether a soft landing is possible and the legacy of Dr. Martin Luther King.
Recent major media stories that feel to us like they’re part of a larger narrative campaign.
We do a lot of work here to understand how the media frames issues linguistically, but we haven’t done much to see how that carries over in graphical Narrative representations. Would the same patterns we see in the WSJ’s words be represented in the WSJ’s pictures?
Oh yes.
The language FROM central bankers remains hawkish (“slow down on your projected 2024 rate cut schedule”), but the language TO central bankers is not only decidedly dovish but is starting to veer into “we need a Fed put” territory.
Recent major media stories that feel to us like they’re part of a larger narrative campaign.
We’ve moved from the promise of cutting rates (mission accomplished on inflation and a soft landing, so now the Fed should cut rates by choice rather than by necessity … well done and take a bow, you geniuses!) to the threat of not cutting rates (if the Fed doesn’t cut rates soon, then it will cause a recession … hurry up and cut, you fools!).
Every once in a very great while, the direct beneficiaries of a yay-something narrative construction overplay their hand so egregiously, embarrass themselves so publicly, reveal their mediocrity so clearly, that the Common Knowledge propping up the yay-something narrative collapses.
This is the breaking of “Yay, College!”.
The news about the election has been heating up recently. But it unfortunately has not revolved around the process of people voting to determine the outcome. The combination of Donald Trump’s legal issues and efforts to remove him from the ballot in blue states have dominated the recent election coverage. In this episode, we tackle both of these issues and how they are playing out in narrative world. We also discuss the reporting around the recent ceremony in Iran to mark the anniversary of the death of Qasem Soleimani, why S&P 500 yearly forecasts still exist and what we can learn from Rick Rubin. We also all offer our New Year’s resolutions for 2024.
Recent major media stories that feel to us like they’re part of a larger narrative campaign.
Recent major media stories that feel to us like they’re part of a larger Narrative campaign.