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BREAKDOWN: From Corporate Socialism to Dying for the Dow: 7 Themes That Defined the Week

BREAKDOWN: From Corporate Socialism to Dying for the Dow: 7 Themes That Defined the Week

FromCoinDesk Podcast Network


BREAKDOWN: From Corporate Socialism to Dying for the Dow: 7 Themes That Defined the Week

FromCoinDesk Podcast Network

ratings:
Length:
22 minutes
Released:
Mar 27, 2020
Format:
Podcast episode

Description

In this episode of The Breakdown, @NLW reflects on the themes that defined an absolutely wild week in global markets and society. Those themes include:Unlimited QE - broad new powers (corporate bond buying anyone?) and an unlimited checkbook for the Fed Digital Dollars - a surprise inclusion of a digital dollar in an early Stimulus draft shifts the Overton windowNarrative Shift to “Grandma Dies For The Dow” - narrative analysis that suggests that the “just the flu” of two weeks has become “business closures will kill more than COVID”Stimulus as Corporate Socialism - a huge bailout for businesses explained away by something that Taleb says is decidedly NOT a Black SwanThe Last Break of Institutional Trust - jobless claims were 4x higher than the previous record on the same day the stock market went bull again - trust in leadership is deadSurveillance - a growing concern with surveillance - such as the new CDC program earmarked in the Stimulus packageBitcoin difficulty adjustment - as Preston Pysh put it “this thing is so resilient it’s almost laughable” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 27, 2020
Format:
Podcast episode

Titles in the series (100)

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