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The Best One Yet

“How the money pipes work” — A stock brokerage’s plumbing. Levi’s kills slim-fit. WeWork’s ReWork.

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.69.8K Ratings

🗓️ 1 February 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

We’re jumping into the pipes deep within the financial system: Breaking down the plumbing on why brokerages broke down last week. Levi’s is killing slim fit, joining The Comfort Economy, and going into… furniture. And a year after falling apart, WeWork may be reborn for the next trend in your work life.$LEVI $SPYGot a SnackFact? Tweet it @RobinhoodSnacks @JackKramer @NickOfNewYorkWant a shoutout on the pod? Fill out this form:https://forms.gle/KhUAo31xmkSdeynD9Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0

This is Nick, this is Jack, and this is Snacks, Daily, Welcome Back, it is Monday, February

0:06.4

1st.

0:07.4

February, or as they call it in Vermont, the start of frostbites is classic February.

0:11.6

Jack, is this our best one yet?

0:12.9

By the way, TBOY.

0:13.9

Let's get right to it, this is a classic T-boy.

0:16.0

First story, what do we got, Jack?

0:17.5

We are jumping into the money pipes that move stocks from the market to your account.

0:21.8

We're looking at the plumbing that got clogged with GameStop stock repop last week.

0:26.6

For our second story, Levi's is killing Slimfit, slipping into the comfort economy baggy

0:32.2

jeans instead.

0:33.2

Jack, their other latest idea, makes so little sense, it makes too much sense.

0:37.8

For our third and final story, we work, is pulling a rework.

0:42.0

Yep, they may finally go public, finally, by spacking themselves.

0:45.8

This future of work from home, it's really work from anywhere.

0:49.4

But Snackers, before we hit those three stories, last week was wild for stock markets.

0:54.5

This ended down 4% overall, which was the worst week since October.

0:58.4

Plus, we got the, Jack, we got the old GameStop stock repop.

1:01.6

Yes, this tongue twister will never go away.

1:03.6

GameStop stock.

1:05.1

Jumped 221% Wednesday, gotcha.

1:07.4

Fell 44% Thursday following ya and jumped 67% Friday.

...

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