The Zeitgeist – 4.3.2019


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.

Data Sheet: Lessons From the Kardashians for All Kinds of Businesses [Forbes]

Kendall Jenner is NOT apologetic about promoting the Fyre Festival on Instagram for $250k, she’ll have you know.

And Fortune is NOT apologetic about promoting Kendall Jenner in DataSheet, “Fortune’s daily newsletter on the top tech news“, this article will have you know, because we can all learn valuable lessons from the Kardashians.


So naturally I headed over to Webfluential to see how much I could charge on Twitter for my social media promotes, “to make the dream of becoming a Social Influencer (and getting paid), a reality“.

The answer: $120-$145 per tweet. Not chump change!

But then I saw what @ReformedBroker could make. C’mon, Josh, get with the program!

U.S. disaster aid won’t cover crops drowned by Midwest floods [Reuters]

Just the latest blow from the other-worldly flooding in the Midwest, coupled with “trade wars are good, and easy to win” policy from the DC clown posse.

I must have missed the CNN and Fox anchors doing live shots to cover this horrific disaster.

50 Cent Or Two Cents? Rapper’s Mansion Sells At A Loss For $2.9 Million [Forbes]

Was the 52-room mansion’s sale jinxed by its infamous reputation? Maybe. Were stripper poles, gun-toting gangsta murals and the monumental cathedral atrium excessive? Yes. Was the  marbleized  mansion too customized to the rapper’s extravagant taste? Definitely.

Welcome to bucolic Farmington, Connecticut! There’s no jumping allowed from the old trestle bridges that dot this pastoral landscape, not even if your name is Curtis Jackson.

You know who gets the last laugh here? Mike Tyson’s ex, Monica Turner, who got the house in their divorce and sold it to Fiddy for $4.1 million in 2004. It’s a funny old world, innit?

Jerome Powell, John Legend to attend Dem retreat [Politico]

Wait … Chrissy Teigen is married to John Legend? How did I not know that? She’ll be addressing the caucus, too. Sadly, though, John Legend is not expected to perform.

Recode editor Kara Swisher will talk to members about the economy and its shift toward automation. John Yang of Asian Americans Advancing Justice and Fernando Garcia of the Border Network for Human Rights will speak during a session about immigration. And the leaders of major labor unions, including SEIU’s Mary Kay Henry, Lee Saunders of AFSCME and Sara Nelson from Flight Attendants – CWA, will also address members.

Oh … and Jay Powell will talk about something or another.

Closing the border with Mexico could bring the auto industry to a halt, say experts [NBC News]

Top men, Dr. Jones. Top men.


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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.

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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.

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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!”

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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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