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.
It is no secret that women are underrepresented in the finance industry. That is especially true with respect to the “risk-taking” roles that people tend to associate with a career on Wall Street. While there are many reasons fort that, one of the primary ones lies in the stories we have been told in the media about women in finance. In this episode, we dig into those stories, how they influence us and how they also may offer us a potential solution to the problem. We also discuss the recent college president testimony in front of congress, Joe Biden’s tweets about inflation, the amazing story of the creator of Barbie and a lot more.
Recording of our kick-off call for an ET Professional working group on private credit.
Last week, Jay Powell told you that the Fed intends to cut interest rates next year, not because they must, but because they can.
But inflation is a bird that always comes home to roost. And when it does, we will look back at Powell’s Christmas 2023 “I got you fam” pivot as a BFD in the Great Unmooring.
Sir Steven Wilkinson returns home to Lancashire to say goodbye (?) to his father. There’s no true conversation to be had, only fragments to be gleaned, which will have to be enough. Tick-tock, everyone. Tick-tock.
Recent major media stories that feel to us like they’re part of a larger Narrative campaign.
The Fed just raised their inflation target from 2% to 4% without saying that they raised their inflation target from 2% to 4%.