Never Run the Same Gag Twice [The ET Zeitgeist]

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Every morning, we run the Narrative Machine on the past 24 hours worth of financial media to find the most on-narrative (i.e. interconnected and central) stories in financial media. It’s not a list of best articles or articles we think are most interesting … often far from it.

But for whatever reason these are articles that are representative of some sort of chord that has been struck in Narrative-world.


It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising [New York Times]

In our annual ranking, we’re used to seeing paydays so big that they’re difficult to comprehend. But 2018 posed a problem on an entirely new scale. The pay package Tesla promised to Elon Musk was so large, we had to add an extra dimension to the chart below to display it accurately.

You don’t run the same gag twice. You run the next gag. – Ocean’s Eleven

It’s the best line in a movie full of great lines.

Elon is running the next gag.

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Michael
Member

Squares well with this tearjerker from the obfuscating man micromanaging and cutting employee costs…

https://www.bloomberg.com/news/articles/2019-05-29/musk-says-his-tesla-compensation-was-net-negative-last-year

Look a Squirrel

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The Daily Zeitgeist

One Narrative Keeps on Trucking

By Rusty Guinn | December 9, 2019 | 4 Comments

Trucking is dying and truckers are suffering along with it. The fact that the latter is the framing being chosen for the issue should pique your interest.

Read more

Presented Without Comment

By Ben Hunt | December 4, 2019 | 1 Comment

Regardless of your personal views pro or con, if you don’t see that a powerful narrative backlash is forming against corporate management enrichment, you’re just not paying attention.

Read more

Our Dumb World

By Rusty Guinn | December 2, 2019 | 0 Comments

Sometimes you really have to wonder how on earth an article makes its way into the Zeitgeist. Sometimes it’s best not to know.

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The Rent Is Too Damn Low

By Ben Hunt | November 25, 2019 | 8 Comments

It’s so weird that everyone who would throw an unholy temper tantrum at – gasp! – rent-controlled apartments is just fine with rent-controlled money.

“Yay, crumbs!”

Read more

OK, Boomer

By Ben Hunt | November 18, 2019 | 4 Comments

I’m a fan of FedEx the company and Fred Smith the founder. I think they are both crown jewels of Western capitalism.

But if I hear another lecture from Fred Smith and his fellow billionaires on trickle-down tax cuts and the “benefits to the United States economy, especially lower and middle class wage earners”, I’m going to lose it.

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The Rake

By Ben Hunt | November 12, 2019 | 10 Comments

Jamie Dimon is the rake.

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