Episode Notes Stephen and Alex discuss Gary Gensler being the Queen of Petty, Reddit Going Dark over API pricing, the 12th straight month of lower inflation / CPI reports and why the Federal Reserve is still in a box, why fast fashion is like fast food, if Lebron or Jordan is the "Better Billionaire", and more.

Episode Notes Stephen and Alex discuss why an alt-r!ght meme became crypto's new darling, the SEC's record $279M whistleblower payment, the Federal Reserve hiking rates another 25 basis points (in its likely final hike for while), and what the tragic death of Jordan Neely means for New York City, and what we can do to stop situations like this from happening again.

Episode Notes Stephen and Alex discuss why the $1.8T Student Debt Crisis is "light work", Elon firing a senior principal engineer for saying his tweets don't hit as hard, Office landlords in urban-infill locations (NYC, Los Angeles, etc.) giving up/handing the keys back and why that's a good thing, self-driving cars driving away if you miss a car payment, and where the best place to shoplift in NYC is (supposedly).

Episode Notes Stephen and Alex discuss why the Private-Equity backed Blank Street Coffee sucks, Usain Bolt losing $12M due to a Jamaican investment scam, if we'd want Sting to fire us from Microsoft, Carl Ichan's $5B (notional) short, the record number of American's tapping their 401(k)s early, the Fed's recent FOMC (Federal Open Market Committee) meeting and why we'll keep hiking rates, what to watch out for with this month's coming OpEx (Option Expiry), and what makes the Strip Clubs in Houston Iconic.

Episode Notes Stephen and Alex discuss the US Debt Ceiling being breached, the only honest workers at Davos this week for the World Economic Forum, JP Morgan's WFH Policies, an Activist investor messing with Disney's House of Mouse, how bond futures are pricing in a Fed rate cut in 2024 via SOFR futures, and more.

Episode Notes Alex and Stephen discuss the latest Employment Report and how the Feds Mandates influence it, Twitter employees bringing their own Toilet Paper to work, a "Doom Loop" Scenario in New York and STOMP ending, and what to do for work if you're unemployed (hint: OnlyFans).

Episode Notes Alex and Stephen discuss the $1.7 Trillion Omnibus bill and why a Thanos Snap got funded, NYC Mayor Adams missing during the NYC storm, Southwest Airlines crew system malfunction, Banks starting to cut jobs but hitting $1 Trillion in profits over the last decade, and Martin Shrekli's great advice for Sam Bankman-Fried if (when) he goes to jail.

Episode Notes Alex and Stephen discuss how they'd like to form a Polycule to survive late-stage capitalism, the worrying 2y10y spread in Treasuries & inverted yield curve, how Carvana should take a page from RuPaul's Drag Race, Blackstone's BREIT gating investor withdrawals and what that means for Real Estate, and the latest in New York Times picket line and Rail workers Strikes.

Episode Notes Alex and Stephen discuss the objective of this year's World Cup (money laundering), Nancy Pelosi stepping down as Speaker of the House to run her family office full-time, Elizabeth Holmes being too pretty for jail, Disneyland's tax preferential treatment, and why you should only buy yourself presents during the holidays.

Episode Notes Alex and Stephen discuss the fall of FTX in the Crypto market and what that means for Tom Brady's marriage, NBA Stadium naming rights, Smoothie King, the rise of Populism, why Turkeys cost 28% more this year, and the most recent CPI report that has the market guessing inflation has peaked.