Spotlight on a (Very) Close Race

The Gist

Peach Fish Productions

News, Daily News

4.5 • 3.7K Ratings

🗓️ 1 November 2016

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A look inside one of the closest congressional races this year, New York's 19th. Former Gist guest and Bernie Sanders–favorite Zephyr Teachout takes on Republican state Assemblyman John Faso for an open seat. The race is one of the few that the Cook Political Report has labeled a toss-up, and it's a microcosm for lots of American anxieties. Teachout opposes fracking and supports carbon pricing in a district that relies heavily on cars, while Faso is a Trump-ambivalent Republican who hasn't even said who he'll be voting for come Election Day. In The Spiel, the antics of James Comey, explained. Our Sponsors: Harry's. Get quality shaving products delivered right to your door. Sign up for a shave plan at Harrys.com and use promo code gist at checkout to claim your Free Trial Set and post-shave balm. And Betterment, the largest automated investing service. Get up to six months of investing FREE when you go to Betterment.com/gist. Join Slate Plus! Members get bonus segments, exclusive member-only podcasts, and more. Sign up for a free trial today at slate.com/gistplus. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:30.0	The following podcast contains explicit language.
0:37.9	It's Tuesday, November 1st, 2016 from Slate, it's the GIST DIMIC PASKA.
0:42.8	Are you familiar with the Fear Index?
0:45.8	The CBOE VIX, that means the Chicago Board Options Exchange Volatility Index.
0:53.3	The VIX, it's a calculation of the S&P's options.
0:56.6	What it does, it determines what investors expect to happen,
1:01.3	the higher the index, the wilder the ride,
1:05.3	and near-elections, the index, the fear index tends to spike.
1:09.8	And today is a big spiking time.
1:12.6	It opened the day at 17, as of this taping, it's above 19,
1:17.7	it's almost a 20% increase,
1:20.4	and now from our business desk, here's reporter Chris Baroube, with the final numbers.
1:25.6	So the VIX closing price for today is 18.56, that's up 1 and a half points.
1:32.9	All right, thanks Chris, got to cut him off before it goes to Housing Starts,
1:36.2	oh, Housing Starts.
	...

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