Slate Money - The Disappearing Edition
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 13 May 2017
⏱️ 48 minutes
🧾️ Download transcript
Summary
Felix Salmon of Fusion, emerging-markets expert Anna Szymanski, and Slate Moneybox columnist Jordan Weissmann discuss: - Matthew Desmond’s piece on the mortgage interest deduction in the New York Times Magazine.- The low level of the Volatility Index- Snap’s first earnings report after going public
Check out other Panoply podcasts atmegaphone.fm. Email: slatemoney@slate.comTwitter:@felixsalmon,@Three_Guineas, @JHWeissmann Production by Daniel Schroeder. --Felix Salmon is a senior editor at Fusion.--Anna Szymanski is an emerging markets expert and senior strategy officer at a political risk startup.--Jordan Weissmann is Slate’s senior business and economics correspondent.
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Transcript
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| 0:00.0 | The following podcast contains explicit language. |
| 0:10.5 | Hello, and welcome to the disappearing edition of Slate Money, your guide to the |
| 0:18.6 | Business and Finance News of the week. |
| 0:21.6 | I'm Felix Hammond of Fusion. |
| 0:24.0 | I'm joined by Anna Shamansky. |
| 0:26.1 | Hello. |
| 0:26.7 | And Jordan Weissman of Slate. |
| 0:28.4 | Hello. |
| 0:29.2 | And we are going to be talking about things that disappear, like Snap SharePrice. |
| 0:35.4 | And, yeah, Snapchat is part of a company called Snap. It had its first |
| 0:40.3 | earnings report this week and its earnings were not good. We're going to talk about that later. |
| 0:45.2 | We are also going to be talking about another thing which has disappeared, which is volatility |
| 0:49.5 | hitting pretty much all-time lows. Stocks aren't moving, with the exception of Snapchat. |
| 0:57.7 | And we're going to talk about why. I have a theory about this one, but I'm sure Anna's going |
| 1:02.8 | to have a better theory. |
| 1:04.7 | I'll try. |
| 1:05.5 | But first, Jordan and I have been fighting for about a year or more. On and off. |
| 1:11.4 | On Twitter about the mortgage interest deduction, which I think is the most ridiculous thing and most unjustifiable thing in the tax code. |
| 1:19.9 | And Jordan, ever since he became a homeowner, has decided that he loves it. |
| 1:24.0 | This is, okay, this is a horrible. |
| 1:25.4 | I like my subsidy. |
| 1:26.8 | Horrible distortion of our argument, but I will clarify what we've actually been arguing about. |
... |
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